HIVERY Analysis: $19M Raised
What is HIVERY?
HIVERY specializes in advanced analytics for optimizing retail assortment strategies using AI. Their unique approach leverages hyper-local data insights and proprietary algorithms to enhance decision-making. This enables retailers and CPG brands to maximize sales and improve customer satisfaction at the store level.
Employees
51-200
Founded
2015
Industry
SaaS, Data Analytics, AI/ML
Product Features & Capabilities
- HIVERY Curate for CPG brands with space-aware assortment optimization
- HIVERY Curate for Retail with at-shelf strategy simulation
- AI-driven visual insights for interactive assortment planning
- Advanced machine learning models for predicting assortment impact
- Proprietary algorithms for optimizing retail strategies.
Use Cases
Enhance buyer confidence in retail decisions; Simulate and optimize hyper-local assortment strategies; Decode consumer preferences in product assortment; Increase sales and profit margins through effective planning; Streamline category management processes.
How much HIVERY raised
Series A - $11.4M
Dec 1, 2019Lead Investor: Red Garage Ventures, AS1 Growth Partners, Blackbird Ventures
Series A - $8M
Aug 10, 2020Lead Investor: Blackbird Ventures
Other Considerations
Recognized globally for innovation in retail analytics; Utilizes cutting-edge applied mathematics approaches; Offers a simple-to-use SaaS solution for retailers.
Financial Overview
$19MTotal Raised
Seed Round
Apr 1, 2015
Investors: Blackbird Ventures
Seed Round
Nov 4, 2017
Investors: Blackbird Ventures
Seed Round
Jan 1, 2019
Investors: Blackbird Ventures
Series A$11.4M
Dec 1, 2019
Investors: Red Garage Ventures, AS1 Growth Partners, Blackbird Ventures
Series A$8M
Aug 10, 2020
Investors: Blackbird Ventures
Series B
Jul 14, 2022
Investors: Blackbird Ventures, AS1 Growth Partners
Debt Funding Round
Jul 5, 2021
Investors: 1V Venture Credit Fund
