Syrup Tech is a tech startup focused on revolutionizing inventory management for the fashion and apparel industry. Leveraging the power of AI, their machine learning models accurately predict demand and optimize inventory, consequently eliminating the long-standing headaches associated with inventory management. Their omni-channel decision support engine, driven by AI/ML, offers a holistic approach to inventory optimization.
With a mission to empower brands and retailers, Syrup Tech aims to enhance profitability, sustainability, and intelligence within the industry. Recognizing the detrimental effects of excess inventory and overproduction on retailers' profitability and the environment, the team is deeply committed to addressing this issue.
Having recently secured a $17.80M Series A investment on 01 December 2023, Syrup Tech has garnered support from prominent investors including 1984 Ventures, Accel, Gradient Ventures, and Atacama Ventures. This strong backing, coupled with their innovative AI-driven solutions, positions Syrup Tech as a promising player in e-commerce, enterprise software, fashion, retail, and SaaS industries. The United States-based company, founded in 2020, is primed to make a significant impact on the future of inventory management in the fashion and apparel sector.
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