NextOrbit is raising series A round of funding for AI enables demand optimization

NextOrbit improves sales and profits by AI-enabled demand optimization.

 

NextOrbit is an AI and Machine Learning SaaS platform for critical decisions – pricing, demand planning and competitor monitoring.  We improve profit opportunities for mid-market Retailers and brands. We improve business outcomes such as basket sizes, conversion rates, same store sales, full price sell through and inventory turns. We enhance automation and enable mid-market retail perform replenishment of stores in an automated manner. Over the last 9 months we have clients in – US, Europe, Dubai, India, Singapore and Indonesia. At the core of the platform is our algorithms, data on demand drivers (such as local events), and product master information.

 

We are a great investment because – we are SaaS, B2B, AI, Machine Learning, credible IP, data rights, have a good leadership team, have credible momentum and proof points. We are a category creator because:

Address demand optimization at a granular level – at a SKU(Stock Keeping Unit), week, day, channel

Address the demand impact of one-off extraordinary events – such as a quantitative easing by the national banks or, God forbid, a catastrophe

Handle the impact new product introduction, product discontinuation

Handle cannibalization and product substitution

Handle excess ordering by distributors in the supply chain

We refine our AI models daily or weekly, causing a closed-loop learning loop

We are looking to raise a seed round to get us ready for Series A.

 
 

Warm regards,

Kishore Rajgopal @  +1 877 867 7017   |   +91 96865 66077  |   [email protected] |   Linkedin
Founder & CEO – NextOrbit – Artificial Intelligence and Machine Learning for Retail and CP Brands
 

USA – 4512 Legacy Drive, Suite 100, Plano, TX 75024

India – 91Springboard, 2nd Foor, Salarpuria Tower -1, No. 22, Industrial Layout Landmark: Forum Mall, Hosur Rd, 7th Block, Koramangala, Bengaluru, Karnataka 560095