Invent Analytics Raises $17M to Help Retailers Maximize Profits with Supply Chain AI and Expand Platform Footprint [Yahoo! Finance]
Five Below, Inc. (FIVE)
Last five below, inc. earnings: 3/18 04:01 pm
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Source: Yahoo! Finance
The investment round is led by LFX Venture Partners, in partnership with existing investors European Bank for Reconstruction and Development (EBRD) and Collective Spark. Invent Analytics is helping leading brands maximize profits by leveraging its AI-powered SaaS solutions for demand forecasting inventory planning replenishment allocation returns positioning , and pricing LFX Venture Partners is a supply chain focused investor with over 15 years of experience in investing in technology-driven solutions that are designed to address age-old problems within the global supply chain. Invent Analytics will use the funding to: Enhance capabilities of its AI-platform Continue to innovate for rising expectations in omni-channel retail Strengthen strategic partnerships Broaden its team of retail experts John Seung , Managing Partner, LFX Venture Partners, said, "We're on a mission to build a better, more efficient, and sustainable global supply chain. We chose to invest in Invent
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