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FlagshipRTL provides a data analytics platform that brings data from many sources into one place so businesses can see a single source of truth. It analyzes data and helps users run what-if scenarios, then uses real-time inventory optimization to adjust stock as demand changes. The platform is distinguished by its turnkey onboarding that quickly unifies data sources, plus a focus on practical analytics and immediate inventory decisions rather than just reports. The goal is to help large brands operate more efficiently and raise profitability by turning scattered data into actionable insights.
Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Seed
Total Funding
$5M
Headquarters
New York City, New York
Founded
2019
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Total Funding
$5M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Merchandise data startup Flagship has raised $2 million in a Seed round to help retailers to make better data-based decisions of maximising product appeal for in-store shoppers.
Flagship launched its beta version in February, working with local brands such as Aje Athletica, Venroy and Sir the Label on the rollout.
Flagship, a New York-based provider of a retail inventory planning platform, raised $5M in Seed funding.The round was led by Insight Partners with participation from Dream Ventures, Essential Capital, Klemhurst, Future Archives, AUFI Ventures, Kleiner Perkins Scout Fund and angel investors.The company intends to use the funds to further accelerate their first product – an inventory cloud solution – and grow its customer base.Led by CEO Justin Abrams, Flagship is a provider of a retail inventory planning platform that leverages AI and machine learning models to provide predictive analytics for inventory decisions. By integrating multiple data streams and applying proprietary algorithms, Flagship helps brands and retailers optimize their inventory assortment, minimizing overstock and reducing lost sales due to understock. Early customers include Athletic Propulsion Labs (APL), State Liberty, Cariuma, Ministry of Supply, Public Rec, and more.FinSMEs11/07/2023
Flagship, a revolutionary retail inventory planning platform, announced today that it has raised $5 million in seed funding led by global software investor Insight Partners.
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Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Seed
Total Funding
$5M
Headquarters
New York City, New York
Founded
2019
Find jobs on Simplify and start your career today