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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.
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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
Company values
- Customer Obsession - We always start with the customer and work backwards to deliver the best experience in the entire industry.
- Beat the Odds - We challenge one another to think big, and we champion the visionary, game-changing ideas required to build an iconic company.
- Next-Tier Accountability - We understand that we are all jointly accountable for the success of Syrup and our customers.
- Dig the Hole - We have a high sense of urgency about getting our work done, and we work both hard and smart to complete it.
- Expansive Empathy - We always strive to approach situations in an expanded state vs. a contracted one so we can build empathetic, constructive, and effective relationships.
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.
Diversity, Equity & Inclusion at Syrup
Dana Laufer (People and Talent Lead)
- We are dedicated to building a company that represents the diverse world we live in, embracing a multitude of backgrounds, perspectives, thoughts, and ideas.
- We believe that inclusion comes first, and we are committed to creating a safe space and wonderful working environment for everyone at Syrup.
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Endorsements
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Intelligent people (1)
Open and honest communication (1)
Focus on employee wellbeing (1)
The amount of folks at Syrup with off-the-charts smarts is both humbling and energizing. There's the obvious folks like PhD data scientists, sure, but even those without fancy degrees constantly impress with both their intelligence and their intellectual curiosity.
Marketing
Intelligent people
Jun 2024
As cliche as it sounds, great communication starts at the top, and at Syrup, leadership team members are exemplars of openness. And it's not just critical information being shared readily across channels — there's also a ton of emotional vulnerability and enthusiasm for actual human engagement. That standard trickles down across the entire team in a powerful way.
Marketing
Open and honest communication
Jun 2024
There are the obvious benefits, like awesome PTO and healthcare policies (important for me as an American). But the commitment to wellbeing also comes through on a much more personal level. When was the last time you had founders leading you through meditation or encouraging expansive empathy? Truly outstanding.
Marketing
Focus on employee wellbeing
Jun 2024
