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Burns & Levinson Represents Syrup Tech In $6.3 Million Seed Funding Round

Aug 01, 2022almost 3 years ago

Amount Raised

$6.3 Million

Round Type

seed

BostonPrivacy And SecurityProfessional ServicesGovernment And MilitaryData And AnalyticsInformation Technology

Description

Burns & Levinson represented Syrup Tech, the AI-powered predictive software platform for inventory excellence in commerce, in its $6.3 million seed funding round led by Gradient Ventures, Google's AI-focused venture fund. The round also included Flybridge Capital, Firstminute Capital, Rackhouse Ventures, as well as Angel investors including (former) executives at Adidas, Bonobos, Salesforce, ASOS, ThredUp, Casper, Zalando, and Stripe. 1984 Ventures, who led the company's pre-seed round last year, continued investing in this round.

Company Information

Company

Syrup Tech

Location

Boston, Massachusetts, United States

About

Syrup Tech is an AI-powered predictive software venture for inventory excellence in commerce. Syrup's mission is to pave the way for a world where commerce is no longer a wasteful industry. The company's decision-support engine is empowering merchandisers and planners at omni-channel brands and retailers to make data-driven inventory decisions. Syrup was founded in 2020 and is based in New York. For more information, visit www.syrup.tech.