Türkiye · Information technology & services startup

invent.ai

invent.ai is a global AI-Decisioning Platform that helps retailers make real-time, profit-optimizing decisions regarding inventory, pricing, and merchandising.

Funding reportedLast round: Series B

Information technology & servicesTürkiye

About invent.ai

invent.ai is a global AI-Decisioning Platform that helps retailers make real-time, profit-optimizing decisions regarding inventory, pricing, and merchandising.

Founded in 2013 by Gurhan Kok, the company is headquartered in Philadelphia, PA, with additional offices in London, Amsterdam, and Istanbul. Originally named Invent Analytics, it rebranded to highlight its focus on multi-agentic AI technology. The company employs around 380 people and operates as a private SaaS firm in the Business/Productivity Software sector. The core offering of invent.ai is its AI-Decisioning Platform, which leverages multi-agentic AI architecture to enhance decision-making processes. Key features include demand forecasting, inventory planning, pricing optimization, merchandising automation, and supply chain design. The platform is tailored for retailers and FMCG companies, aiming to boost sales, revenue, and margins. Users of invent.ai's solutions have experienced profitability increases of 2–6% and significant returns on investment, making it a valuable tool for navigating dynamic market conditions.

What company datasets say invent.ai raised

Funding, as reported

Reported in all24.5Min the source's currency
Last roundSeries B
Last round size17M
Last round dateApr 2024

Founders and team

From invent.ai's own website: 1 founder, 12 on the team.

Gurhan KokCEO & Founder
  • Aret ÇilingirSenior Vice President
  • Emre KokSenior Vice President
  • Koray ParkinSenior Vice President
  • Mustafa ŞahinSenior Vice President
  • Ozgur KarabulutSenior Vice President
  • Ozgur SivrikayaSenior Vice President
  • Selin BaykalSenior Vice President
  • Özge BaşoğluSenior Vice President
  • Joe GrovesChief Revenue Officer
  • Lance MenueyVP of Sales
  • Arash HabibDirector
  • Client ExcellenceDirector

On a portfolio page

Investors who name them

Each firm lists invent.ai on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

multi-agent ai architectureconsumersinventory planningconsumer demand predictionai for margin enhancementdistributioninventory managementdata scienceperformance analyticsenterprisesstock replenishment technologyreturns managementai-driven merchandisingsales and ebit growthinformation technology & servicesinventory turnover

Built with from their website

Microsoft Azure MonitorGitHub ActionsLinkedin Sign-inDockerAmazon SESGoogle Tag ManagerAmazon CloudFrontCanvaGoogle SheetsTableau

+8 more

HREF LangAWS Trusted AdvisorAtlassianGoogle CloudMicrosoft PowerPointGoogle AdsFlowFont Awesome

Sector
Information technology & services
Industry code
NAICS 54151, 51321, SIC 3575, 7372, 7371
Region
Istanbul
Revenue
36.3M a year, as listed

Information technology & services in Türkiye

Startups like it

Is this your company?

Add your raise, your deck and your story, and put invent.ai in front of investors. Or tell us what we have wrong.