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Hivery, A Pioneer Of Ai-Driven Retail Strategy Simulation & Optimization Solutions, Announces A $30M Investment Led By Tiger Global

Jul 14, 2022about 3 years ago

Amount Raised

$30 Million

SydneyConsumer GoodsReal EstateLending And InvestmentsFinancial Services

Description

HIVERY, a leader in innovative AI-driven retail assortment strategy simulation & optimization solutions, today announced that the company has received an investment of US$30 million led by Tiger Global, a New York-based investment firm. Existing investors Blackbird Ventures, AS1 Partners and OneVentures also participated. The Series B round is part of HIVERY’s expansion strategy which looks to accelerate key hires and product development to support customer demand and international expansion beyond the US.

Company Information

Company

Optimization Solutions

Location

Sydney, New South Wales, Australia

About

SYDNEY--(BUSINESS WIRE)--HIVERY, a leader in innovative AI-driven retail assortment strategy simulation & optimization solutions, today announced that the company has received an investment of US$30 million led by Tiger Global, a New York-based investment firm. The firm aims to partner with dynamic entrepreneurs operating market-leading companies in its core focus areas.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech