Inventory optimization startup Flieber bags $12M, aims to help retailers avoid out-of-stock, overstock moments

Flieber

Flieber wants to help e-commerce retailers get back to what they do best: selling. The New York-based company announced Wednesday $12 million in Series A financing to continue developing its inventory optimization platform that uses analytics and machine learning to give multi-channel brands a leg up when it comes to determining what the ideal stock level would be across all of the sales channels and inventory locations.

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AI-powered grocery inventory startup Shelf Engine nabs $41M

Grocery Bot

Shelf Engine, a Seattle-based startup cofounded in 2015, aims to make a change by tapping AI to help stores increase profits while reducing product waste. The company today announced that it raised $41 million in series B funding, bringing its total raised to $58 million as its platform expands beyond 2,000 stores nationwide.

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