Syrup Tech

Inventory excellence for apparel + footwear. Powered by AI.

General Information
Company Name
Syrup Tech
Founded Year
2020
Location (Offices)
New York, United States +1
Founders / Decision Makers
Number of Employees
55
Industries
AI, E-Commerce, Enterprise Software +4
Funding Stage
Series A
Social Media

Syrup Tech - Company Profile

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.

Taxonomy: AI/ML, demand forecasting, retail technology, omni-channel, profitability, decision support, fashion industry, apparel, startup, investor-backed, Accel, Gradient Ventures

Funding Rounds & Investors of Syrup Tech (3)

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Funding Stage Amount No. Investors Investors Date
Series A $17.80M 4 01 Dec 2023
Seed Round $6.30M 6 Rackhouse Venture Capital 13 Jul 2022
Pre Seed Round $1.00M - 01 Jun 2021

Latest News of Syrup Tech

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No recent news or press coverage available for Syrup Tech.

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