Prediko Raises $5 Million to Help Shopify Businesses Manage Inventory - Business Insider

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The startup raised the funds in a seed round led by Felix Capital, with additional investment from others including Guillaume Pousaz, managing partner at Zinal Growth and CEO of Checkout.
Having too little inventory to sell is a nightmare, and having too much inventory is a disaster," said Julien Codorniou, Partner at Felix Capital.
Check out the 11-slide pitch deck it used to raise the seed round below.
Check out the 11-slide pitch deck Prediko used to raise the funds below:
Prediko has raised $5 million to boost its inventory operating system for Shopify businesses.
A startup that aims to transform the way e-commerce brands manage their stock and orders has raised $5 million in seed funding from a roster of investors, including Klarna cofounder Victor Jacobsson.
" The funding comes at a time when e-commerce brands face a post-pandemic environment in which supply chains are being remade, leading to longer shipping times and higher spend on raw materials in the face of soaring inflation.

Prediko Raises $5 Million to Help Shopify Businesses Manage Inventory - Business Insider

Prediko has raised $5 million to boost its inventory operating system for Shopify businesses. The startup aims to help e-commerce businesses get a better handle on their inventory. Check out the 11-slide pitch deck it used to raise the seed round below. A startup that aims to transform the way e-commerce brands manage their stock and orders has raised $5 million in seed funding from a roster of investors, including Klarna cofounder Victor Jacobsson. London-based Prediko, founded in 2021 by CEO Youri Moskovic and CTO Nicolas Sabatier, wants to help online retailers improve their margins by providing a better understanding of their inventory through a stock management operating system. Brands can pay monthly to connect their stores to the OS, which offers recommendations on ordering as well as options for financing purchase orders (POs) directly – reducing the load of a laborious process often conducted on Excel. Moskovic noted that small businesses often have to pay a big portion of their PO upfront, leaving them to finance it themselves – to the detriment of their growth – or go to banks, which are often reluctant to lend to businesses that have very few "assets to be used as collateral." The funding comes at a time when e-commerce brands face a post-pandemic environment in which supply chains are being remade, leading to longer shipping times and higher spend on raw materials in the face of soaring inflation. According to Moskovic, such an environment has made it increasingly difficult for smaller businesses, with many being left with frequent "out of stock" situations when they start to grow. "This problem has been around since retail has been existing, which is pretty much forever, so it's not a new thing, but it's true that from last year this became a very big topic for brands of all sizes," he said. The startup raised the funds in a seed round led by Felix Capital, with additional investment from others including Guillaume Pousaz, managing partner at Zinal Growth and CEO of Checkout.com, and Rodrigo Martinez, investor at VC firm HelloWorld. "Prediko's vision to provide a 360 inventory management solution, from planning to financing, is very powerful. Having too little inventory to sell is a nightmare, and having too much inventory is a disaster," said Julien Codorniou, Partner at Felix Capital. Prediko, which joined the Techstars NYC incubator in 2021, will use the fresh capital to fund a hiring spree as it hopes to bring on top engineering, product and commercial talent between London and Paris, while expanding its footprint across Europe. Check out the 11-slide pitch deck Prediko used to raise the funds below:
The Original Article can be found on Business Insider

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