Kronoscope Analysis: $2M Raised
What is Kronoscope?
Kronoscope, formerly Fountain9, provides AI-powered demand forecasting and inventory planning software. Its website describes predictive inventory planning, demand sensing, pricing and promotion planning, purchase and replenishment planning, and sales and operations planning. The company says it serves e-commerce, D2C and CPG, restaurant chains, retail, and food businesses, and it cites a customer testimonial from Crowd Cow.
Location
355 Bryant St, San Francisco, California 94107, US
Employees
11-50
Founded
2020
Revenue
$2.7M
Business Model
AI-driven subscription model for demand forecasting and inventory management services.
Product Features & Capabilities
- Demand Sensing & Forecasting, Pricing & Promotion Planning, Purchase & Replenishment Planning, Sales & Operations Planning, AI-Powered demand sensing, Real-time impact of promotions, End-to-end inventory optimization, Machine + Human collaboration.
Pricing
- No pricing information available for Kronoscope on the official website or external sources.
- No setup fee required.
- No free trial or freemium version offered.
- No premium consulting/integration services available.
How much Kronoscope raised
Seed - $1.9 million
Not specifiedLead Investor: 021 Capital, Y Combinator
Who are the founders of Kronoscope
NK
Niki Khokale
Co-founder & CEO
RL
Rajas Lonkar
Co-founder & CTO
Market Focus
Kronoscope primarily focuses on the food industry, providing AI-powered inventory planning solutions to help food businesses optimize demand sensing and reduce waste.
Competitors Overview
Kronoscope's main competitors in the AI-powered inventory planning market, particularly for food businesses, include:
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Fishbowl: Known for its user-friendly interface and strong customer service, Fishbowl is a solid choice for inventory management, rated 4.2 overall. It is particularly appealing to businesses looking for straightforward inventory solutions.
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NetSuite: This comprehensive suite offers a wide range of features but has slightly lower ratings in ease of use and customer service compared to Fishbowl, also rated 4.2. It is more focused on ERP solutions, which may not be as specialized for food businesses.
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Cin7 Core: Starting at $349 per month, Cin7 Core has a strong rating of 4.3, with high scores in customer service and value for money. Its flat-rate pricing model is a notable advantage for businesses looking for predictable costs.
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QuickBooks Enterprise: With a high rating of 4.5, it is well-regarded for its financial management capabilities, making it a strong competitor for businesses that prioritize accounting alongside inventory management.
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Infoplus: Rated 4.4, Infoplus emphasizes operational efficiency and quick implementation, appealing to businesses that need reliable software to streamline operations.
Additionally, Transmetrics is another competitor that focuses on logistics solutions, while Kronoscope emphasizes AI-driven inventory management and customer service optimization. This distinction highlights Kronoscope's focus on reducing waste and optimizing demand sensing specifically for food businesses.
Investors
- 021 Capital (backed by Binny Bansal)
- Y Combinator
- Titan Capital (backed by Kunal Bahl and Rohit Bansal)
- US-based new-age VC firm
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