What does Onebeat do?
Onebeat provides a dynamic inventory optimization and execution platform that transforms replenishment, allocation, and liquidation decisions into actionable, daily SKU-store level decisions for retailers.
How much did they raise?
The funding round raised an additional $15m, led by Schooner Capital with participation from Magenta Venture Partners, Surround Ventures, AnD Ventures, J-Ventures, and INcapital Ventures, bringing the total raised to $30m.
What are their plans for the money?
The company plans to use the funds to expand its operations and intensify development efforts, aiming to further enhance the precision and real-time functionality of its inventory management platform.
What have they achieved so far?
Already adopted by more than 220 retailers worldwide, Onebeat's platform has demonstrated its capacity to empower retail organizations to act quickly and maximize profitability.