What is Singuli?
Singuli provides a comprehensive platform designed to assist retailers in optimizing their inventory processes, from initial purchasing and reorders to markdown strategies. The company was founded by two individuals with PhDs and a decade of retail experience, who developed an approach based on novel machine learning models. These models are integrated with modern retail datasets, including cohort behavior, site traffic, marketing events, and detailed product attributes, enabling more precise inventory control and forecasting.
How much funding has Singuli raised?
Singuli has raised a total of $3.7M across 1 funding round:
Angel/Seed
$3.7M
Angel/Seed (2021): $3.7M with participation from High Alpha Capital, Interlace Ventures, AVG Basecamp Fund, Launch Ventures, and Harlem Capital Partners
Key Investors in Singuli
Launch Ventures
Launch Ventures operates accelerators and investment funds focused on emerging technologies like AI and Machine Learning, actively seeking strategic partners to provide user bases and data crucial for early-stage startups.
Harlem Capital Partners
Harlem Capital is a venture capital firm dedicated to supporting the next generation of entrepreneurs, with a particular focus on Black and Latino startups, aiming to foster significant growth and success in the business landscape.
High Alpha Capital
High Alpha Capital is an early-stage venture capital firm that partners with entrepreneurs to build the next generation of enterprise SaaS companies, focusing on innovative software solutions.
What's next for Singuli?
The substantial enterprise-level funding and strategic investment indicate Singuli is poised for significant scaling and further development of its AI-driven inventory solutions. This capital infusion will likely fuel expansion into new markets, enhance its technological capabilities, and strengthen its position in the competitive retail tech landscape. The company's focus on data-intensive machine learning suggests a trajectory towards deeper integration with retailer systems and a broader suite of predictive analytics tools.
See full Singuli company page