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Syrup

AI-powered demand forecasting for apparel

Overview

Syrup.Tech provides AI-powered demand forecasting and optimization for apparel and footwear brands. It offers a SaaS platform that helps with planning, allocation, and purchasing by turning demand signals into actionable recommendations. The system analyzes demand data to forecast inventory needs and suggests optimal stock levels and allocations to maximize margins. Its differentiators include a focus on the fashion sector, combining precise demand signals with optimization to improve planning accuracy, and a subscription-based model supported by notable investors like Accel and Gradient Ventures. The goal is to help brands increase margins and drive growth through better inventory planning and utilization.

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About Syrup

Simplify's Rating
Why Syrup is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsIndustrial & ManufacturingEnterprise SoftwareAI & Machine Learning

Company Size

11-50

Company Stage

Series A

Total Funding

$24.8M

Headquarters

New York City, New York

Founded

2020

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Simplify's take

What believers are saying

  • Anaplan's September 2025 acquisition gives Syrup immediate distribution across enterprise retail accounts.
  • NRF 2026 booth messaging shows active go-to-market investment and retained retail positioning.
  • Claimed outcomes include 46% forecast-accuracy gains and 10% better sell-through, supporting upsell.

What critics are saying

  • Post-acquisition, Syrup loses independence; Anaplan can absorb or rename the product quickly.
  • Impact Analytics, o9, and Blue Yonder attack the same retail planning budget now.
  • If Anaplan buries Syrup inside generic planning software, its differentiation evaporates by 2027.

What makes Syrup unique

  • September 2025 Anaplan bought Syrup for SKU-level retail forecasting depth.
  • Syrup combines product images, sales data, social sentiment, influencer trends, and weather.
  • Faherty and Reformation proved Syrup improves sell-through and inventory decisions in production.

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Funding

Total Funding

$24.8M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
$15M
$17.5M
$30M

Benefits

  • Remote Work Options
  • Equity Compensation
  • Health Insurance
  • Unlimited Paid Time Off

Growth & Insights and Company News

6 month growth

-17%

1 year growth

-7%

2 year growth

0%
GlobeNewswire
Sep 9th, 2025
Anaplan Acquires AI Supply Chain Platform Syrup

Anaplan announced the acquisition of Syrup Tech, an AI-native supply chain platform. This integration aims to enhance AI-driven forecasting, planning, and decision-making in the retail sector. Anaplan's CEO, Charlie Gottdiener, highlighted that Syrup's AI, combined with Anaplan's platform, will transform decision-making for modern retailers, improving margins and inventory optimization. Syrup's platform uses neural networks and external signals for accurate forecasts and recommendations.

EIN News
Aug 12th, 2024
Flieber, Syrup Tech, and SupChains Launch AI Supply Chain Forecasting Competition

LONDON, ENGLAND, UNITED KINGDOM, August 12, 2024 / EINPresswire.com / - Flieber, Syrup Tech, and SupChains are thrilled to announce the launch of the VN1 Forecasting Challenge, a datathon aimed at revolutionizing AI-driven supply chain forecasting.

PitchBook
Dec 4th, 2023
Global VC deals for December 4, 2023

Revela secured $9 million in a Series A led by FirstMark Capital for its property management software.

PR Newswire
Dec 1st, 2023
Syrup Secures $17.5M To Help Retailers Accurately Predict And Meet Consumer Demand With Ai

NEW YORK, Dec. 1, 2023 /PRNewswire/ -- Syrup, which provides AI-powered planning, buying, and inventory optimization for omnichannel commerce, announced today its Series A fundraise. The $17.5M round is led by Accel Partners with participation from existing investors Gradient Ventures and 1984 Ventures.Increased accuracy in forecasting takes the guesswork out of merchandise planning, helping reduce overproduction. The Syrup solution connects inventory data with a unique mix of historical, transactional, and real-time data so that planning teams can make optimal decisions with confidence.According to Faherty Brand CEO, "Syrup's forecast accuracy enables us to achieve our sustainability goals." Post this"Our goal is to help brands sell more and waste less, every day," notes James Theuerkauf, CEO and Co-founder of Syrup Tech. "Advancements in AI allow us to deliver inventory forecasts at the item x size x color level — much more granular than what current practices allow for."The cost of stockouts and wasted inventory is a $250B problem in the apparel and footwear space alone. Early results include a 46% increase in forecast accuracy compared to a major incumbent provider

Bloomberg
Dec 1st, 2023
Startup Raises $17.5 Million to Bring AI to Holiday Shopping Logistics

Syrup Tech Inc., a startup that makes artificial intelligence tools to help fashion retailers plan and manage their inventory, has raised $17.5 million in a funding round led by Accel.

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