Tech Company Financing Transactions
Flagship Funding Round
Insight Venture Partners, Dream Ventures and Essential Capital participated in a $5 million Seed capital raise for Flagship. The funding round closed on 7/11/2023.
Transaction Overview
Company Name
Announced On
7/11/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Insight Venture Partners (Lead Investor)
private investors (Kleiner Perkins)
Proceeds Purpose
The company intends to use the funds to further accelerate their first product -- an inventory cloud solution -- and grow its customer base.
Company Information
Company Status
Private & Independent
Industry
RetailTech
Mailing Address
413 West 14th St
New York, NY 10014
USA
New York, NY 10014
USA
Phone
Website
Email Address
Overview
Flagship is a SaaS platform that enriches retail brands' first party data with machine learning algorithms to optimize customer retention, inventory sell-through, and revenue. Flagship empowers these brands with the kind of data science capabilities and machine learning algorithms that -- until now -- have been reserved for industry leaders like Amazon, Walmart and Target.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Justin Abrams
Co-Founder
Henry Edelson
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We document all VC transactions involving tech companies. VC investment data records on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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