NYC-based Syrup secures $17.5 million in Funding. With participation from current investors 1984 Ventures and Gradient Ventures, Accel Partners led the round.
The company plans to use the funds to expand its business reach and staff size in the areas of engineering, product, and sales.
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Syrup is an AI-powered platform led by CEO Faherty Brand that makes inventory purchase, allocation, replenishment, and rebalancing simpler in order to boost revenue and operational effectiveness.
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Planning teams may easily arrive at the best decisions by using its solution, which links inventory data with a variety of historical, transactional, and real-time data sources. Brands like Desigual, Reformation, and Faherty use it.
About Syrup
Syrup are a small group of passionate individuals that aim to change the world by developing predictive software that can change the game. People, the planet, and their products are extremely significant to us. Oh, and maple-syrup-topped pancakes are their absolute favourite little treat!
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