What is Hivery?
Hivery operates at the intersection of retail science and artificial intelligence. The company specializes in generating a Return on Retail Space Investment by providing sophisticated tools for product recommendations, price learning, space rationalization, and promotional analysis. By transforming complex datasets into actionable intelligence, Hivery enables retailers to maximize profitability within their existing infrastructure. The company's platform is designed to address the nuanced challenges of modern retail, where space efficiency and pricing agility are paramount to maintaining competitive advantage in an increasingly digitized marketplace.
How much funding has Hivery raised?
Hivery has raised a total of $35.4M across 2 funding rounds:
Series A
$5.4M
Series B
$30M
Series A (2021): $5.4M with participation from Blackbird
Series B (2022): $30M led by OneVentures, Blackbird Ventures, Tiger Global Management, and AS1 Growth Partners
Key Investors in Hivery
Tiger Global Management
Tiger Global Management is an investment firm deploying capital in both public and private markets. The company was founded in 2001 and is headquartered in New York City, New York.
AS1 Growth Partners
AS1 Growth Partners is a private multi-family investment office that specializes in growth-stage technology investments across both private and public markets.
Blackbird Ventures
Blackbird Ventures is a prominent venture capital firm focused on backing ambitious founders building world-changing technology companies, with a strong presence in the Australian startup ecosystem.
What's next for Hivery?
With this major enterprise-level funding, Hivery is well-positioned to scale its operations and deepen its technological moat. The capital will likely be directed toward expanding its engineering talent pool and accelerating the deployment of its AI-driven insights engine across international markets. As the retail industry continues to grapple with supply chain volatility and shifting consumer behaviors, Hivery's focus on space rationalization and price optimization provides a robust framework for sustainable growth. The firm is expected to leverage these resources to further integrate its solutions into the workflows of large-scale retail enterprises, cementing its role as a foundational element of the modern retail tech stack.
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