Syrup
AI-Powered Inventory Optimization for Apparel and Footwear
- 21-100 employees
- Retail
- B2B
- Artificial Intelligence
- Fashion
- Supply Chain
- Machine Learning
- SaaS
- Data Integration
- Consumer Goods
- eCommerce
- SoHo, New York, NY
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Company mission
To create a world where commerce is no longer wasteful by connecting the world’s supply of inventory to its demand.
Our take
In a world with deep supply chain disruptions, true omni-channel networks, and sustainability-minded consumers, there is a real need for next-generation inventory systems. Yet, close to three-quarters of supply-chain functions rely on the simplest method (spreadsheets with human oversight).
This is what Syrup is setting out to change, and their product is potentially a massive improvement on current inventory management practices. The company's AI-powered predictive software provides inventory excellence at each step in the value chain, empowering merchandising and planning teams with allocation, ordering, and planning recommendations.
The early stage company has attracted impressive funding and this will be invested in expanding the product and growing its team.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- 🌍 Quarterly Syrup Summits around the world (previously Barcelona, LA, New York, Warsaw, Boston, Italy, Madrid)
- 🏥 Health, dental, vision: We offer generous health, vision, and dental benefits to our employees
- 🗓 Generous PTO to take the time you need, whenever you need it
- 🏠 Remote Flex: We’re a remote-first team across Europe and North America. For our colleagues in New York, you can come into our office in SoHo as often as you like
- 🥞 Equity Compensation: We offer generous equity compensation for all our early employees
Funding (last 2 of 3 rounds)
Dec 2023
$17.5m
SERIES A
Jul 2022
$6.3m
EARLY VC
Total funding: $24.8m
This company has top investors
Leadership
James Theuerkauf
(CEO & Co-Founder)Advised some of the largest Consumer/Retail and Apparel, Fashion & Luxury players in the world on strategy and sustainability at McKinsey. MBA from Harvard.
Ferdinand Stockmann
(Co-Founder)Engineering Masters in Robotics. Focused on optimizing complex inventory and supply chain management problems at BCG.