Syrup Tech

About:

Predictive software for inventory decision-making in commerce, powered by AI/ML.

Website: https://syrup.tech

Top Investors: Accel, Gradient, Flybridge, Firstminute Capital, Rackhouse Venture Capital

Description:

Syrup Tech is a machine-learning decision-support engine for inventory in commerce. The company uses advanced demand forecasting and stochastic optimizations. Syrup Tech's software empowers brands and retailers to significantly increase full-priced inventory sell-through by (1) preventing stock-outs and end-of-season markdowns, (2) decrease unnecessary excess inventory and reduce overproduction, and (3) reduce the time spent on manual tasks for stretched merchandising and planning teams.