Onebeat, an AI startup based in Tel Aviv, has successfully raised $15 million in a funding round led by Boston’s Schooner Capital, with participation from Magenta Venture Partners, Surround Ventures, AnD Ventures, J-Ventures, and INcapital Ventures.
With this latest funding, the company’s total investment now stands at $30 million. Founded in 2018 by Dr. Yishai Ashlag and Avihai Shnabel, Onebeat originated from Goldratt Consulting and focuses on AI-driven inventory optimization.
Revolutionizing Retail: Onebeat’s AI Inventory Solution
Its platform enables retailers to make real-time, SKU-level inventory decisions based on demand data, moving away from traditional forecasting methods.
This leads to better sell-through rates and fewer stockouts. Currently, Onebeat serves over 220 global retailers, including renowned brands such as Calvin Klein, Panasonic, and Titan Watches.
The company claims that its platform has achieved up to a 15% increase in sell-through rates, a 71% reduction in stockouts, and a 5% improvement in profit margins within just 120 days of implementation. The newly secured funds will be used to expand Onebeat’s operations in the U.S. market and to further enhance its AI-driven platform.
Dr. Ashlag commented, “Retailers don’t need more data; they need intelligent, AI-powered execution.
Our goal is to help them navigate unpredictable consumer behavior and growing sustainability pressures.” Schooner Capital’s Managing Director, Orhan Gazelle, expressed confidence in Onebeat’s future, stating, “Onebeat has shown exceptional leadership and innovative technology.
We are excited to support their expansion into the U.S. and beyond.” As the retail sector continues to face inventory management challenges, Onebeat aims to position itself as a key solution provider, utilizing AI to transform retail operations worldwide.
Kaynak: https://www.techinasia.com/news/israeli-ai-startup-onebeat-nets-15m
Read Turkish: https://webhakim.com/yapay-zeka-ile-akilli-envanter-yonetimi-onebeat-15-milyon-dolar-yatirim-aldi.html
