Tech Company Financing Transactions
Onebeat Funding Round
Onebeat secured a $10 million financing round on 6/7/2023. Backers included Magenta Venture Partners, AnD Ventures and INcapital Ventures.
Transaction Overview
Company Name
Announced On
6/7/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to continue to expand its retail platform, business operations and new business growth plans.
Company Information
Company Status
Private & Independent
Industry
RetailTech
Mailing Address
50 Harrison St
Hoboken, NJ 07030
US
Hoboken, NJ 07030
US
Phone
Undisclosed
Website
Email Address
Overview
Onebeat created an AI-driven retail technology that uses short-term predictions to translate customer behavior into real-time day-to-day actions that maximize sell-through and overall sales. With AI algorithms we optimize the whole retail process, all the way from initial product allocation to replenishment to liquidations.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC transactions reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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