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Inventoro
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Inventoro

https://inventoro.com/
Last activity: 13.01.2025
Active
Categories: DevelopmentEnterpriseManagementMarketProductSaaSSalesSoftwareTimeTransportation
The roots of Inventoro are based on sophisticated algorithms, that predict sales for each article in the customer’s inventory. Inventoro looks at a vast variety of variables in its predictions. Including past sales, seasons, weather, promotion, and interdependencies of products. The list is long, but the key thing is that Inventoro predicts sales with much higher accuracy than it’s competitors on the inventory management Saas market. As a matter of fact, Inventoro’s back-end has been in development for the past 15 years and the key algorithms are proven in time to work. We have many happy customers in the enterprise market, who saved billions of dollars using our software in the past decade.
Followers
295
Website visits
12K /mo.
Mentions
9

Overview

Location
Czechia, Prague
Employees
1-10
Total raised
$856.7K
Founded date
2020

Funding Rounds 1

DateSeriesAmountInvestors
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Mentions in press and media 9

DateTitleDescription
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May 13, 2024Cin7 Welcomes Czech Inventoro in Its Global Family of Inventory Management ProductsPresto Ventures exits Inventoro to Cin7 Inventoro provides accurate AI-driven inventory insights and forecasts The new acquisition is a perfect addition to Cin7’s inventory management suite In early May, American inventory management platfo...
May 4, 2024SumUp's €1.5B Funding Round: A Game-Changer for FintechThis week, SumUp, a global fintech company, raised a whopping €1.5 billion in an oversubscribed round led by Goldman Sachs. Founded in 2012, SumUp provides financial services to millions of small businesses, supporting over 4 million mercha...
May 3, 2024SumUp raises €1.5B, 300M fund for nanotech startups, and 10 Spanish startups to watchThis week our research tracked more than 70 tech funding deals worth over €2.5 billion, and over 10 exits, M&A transactions, rumours, and related news stories across Europe. In addition to this week's top financials, we've also indexed ...
May 2, 2024Cin7 Bolsters Inventory Management Solutions with Acquisition of Czech AI-Powered InventoroCzech Republic, USA ~ Company: In a nutshell Cin7, an inventory and order management software provider, announced the acquisition of Prague-based Inventoro, a provider of AI-driven sales forecasting and replenishment optimization solutions....
May 2, 2024Cin7 acquires Inventoro to expand analytics capabilitiesCin7, a provider of inventory management software, has acquired Czech Inventoro, which uses AI for sales forecasting and replenishment. Overstocking and similar inefficiencies are estimated to drive $163 billion in losses each year for glob...
May 2, 2024CIN7 ACQUIRES AI FORECASTING COMPANY INVENTORO, PAVING THE WAY FOR NEXT-LEVEL INTELLIGENT COMMERCELeading inventory and order management software invests in growth, new AI capabilities on the heels of new CEO appointment DENVER, May 2, 2024 /PRNewswire/ -- Cin7, the industry-leading inventory and order management software provider, toda...
Aug 22, 2023Innovation Map: Top AI startups in Europe’s V4 AI Startups in Central EuropeArtificial intelligence (AI) stands as a primary catalyst for global technological advancement today, permeating various aspects of our lives, from personal assistants and advanced medical diagnostics to automated work processes and enhance...
Feb 24, 2023Mapping: 60+ AI Startups in the European V4 Region AI Startups in Central EuropeCzech Republic, Hungary, Poland, Slovakia ~ Artificial intelligence represents one of the main drivers of global technology development today. From personal assistants, enhanced medical diagnostics, and automated processes at work to an imp...

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FAQ about Inventoro

When was Inventoro founded?

Inventoro was founded in 2020.

How much funding has Inventoro raised?

Inventoro has raised $856.7K in total across 1 funding round.

What has the press written about Inventoro?

Parsers VC has collected 9 articles mentioning Inventoro, among them “Cin7 Welcomes Czech Inventoro in Its Global Family of Inventory Management Products” (May 13, 2024) and “SumUp's €1.5B Funding Round: A Game-Changer for Fintech” (May 4, 2024).

Is Inventoro still active?

Yes, Inventoro is active; its latest activity on Parsers VC dates from Jan 13, 2025.