What is invent.ai?
Invent.ai is a technology firm dedicated to enhancing retail supply chain profitability through explainable AI and adaptive analytics. The company's Software-as-a-Service (SaaS) solutions are designed to address complex omni-channel challenges, placing the customer at the core of tailored strategies. Invent.ai emphasizes speed to value, validating financial benefits through pre-go-live simulations and A/B testing. Their subscription-based model ensures agility and scalability for retailers, requiring no upfront capital investment.
How much funding has invent.ai raised?
invent.ai has raised a total of $24.5M across 2 funding rounds:
Series A
$7.5M
Other Financing Round
$17M
Series A (2022): $7.5M with participation from European Bank for Reconstruction and Development and Collective Spark
Other Financing Round (2024): $17M led by European Bank for Reconstruction and Development and Collective Spark
Key Investors in invent.ai
European Bank for Reconstruction and Development
The European Bank for Reconstruction and Development (EBRD) is a multilateral bank committed to the development of market-oriented economies and the promotion of the private and entrepreneurial initiatives.
Collective Spark
Collective Spark is an investor focused on early-stage technology ventures, primarily targeting pre-seed, seed, and Series-A stages. They provide initial funding between 500K to 1M, with potential increases up to 5M, and are predominantly involved in sectors such as fintech, SaaS, gaming, and AI.
What's next for invent.ai?
The recent major strategic investment signals a pivotal phase for Invent.ai, likely enabling accelerated product development, market expansion, and enhanced customer acquisition efforts. This infusion of capital, particularly in the context of enterprise-level funding, suggests a focus on scaling operations and solidifying its market leadership. The company is well-positioned to leverage its AI-driven insights to further empower retailers in navigating the evolving retail landscape and achieving sustained financial improvement.
See full invent.ai company page
