What is Hivery?
HIVERY is a Sydney-based artificial intelligence company focused on enhancing Return on Retail Space Investment. Through AI-backed intelligence, HIVERY provides solutions in product recommendations, price learning, space rationalization, and promotions, aiming to revolutionize how retailers manage their physical inventory and store layouts. The company's technology is designed to drive efficiency and profitability for brick-and-mortar businesses in an increasingly competitive market.
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 AS1 Growth Partners, Tiger Global Management, OneVentures, and Blackbird Ventures
Key Investors in Hivery
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. The firm adopts an active, partnership-first approach to its investments. Their intended clients include investors looking for opportunities in the technology sector. Based in Sydney, Australia, AS1 Growth Partners focuses on fostering growth in its portfolio companies.
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.
Blackbird Ventures
Blackbird Ventures is an Australian venture capital firm that invests in early-stage technology companies. They focus on supporting ambitious founders and helping them build category-defining businesses.
What's next for Hivery?
With its recent major strategic investment, Hivery is poised for accelerated expansion and further development of its AI capabilities. This capital infusion, part of its $35.4M in total financing, will likely fuel advancements in its core offerings, enabling deeper integration with retail operations and broader market penetration. The company's focus on optimizing retail space through data intelligence positions it as a key player in the future of retail technology, suggesting a continued emphasis on scaling its platform and client base.
See full Hivery company page
