Latest news with #Onebeat
Entrepreneur
07-05-2025
- Business
- Entrepreneur
Onebeat Raises USD 15 Mn from Schooner Capital to Expand AI-Powered Retail Platform
The company will deploy the capital to expand its AI-driven dynamic inventory optimisation platform across the US, India, and other international markets. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Israel-based retail tech firm Onebeat has secured an additional USD 15 million in funding, led by Schooner Capital, bringing its total funding to USD 30 million. The company will deploy the capital to expand its AI-driven dynamic inventory optimisation platform across the US, India, and other international markets. Founded in 2018 by Dr Yishai Ashlag and Avihai Shnabel, Onebeat offers a real-time retail execution platform that helps brands align inventory with demand at the SKU-store level daily, enabling faster inventory turns, reduced waste, and improved profit margins. The company leverages AI built on the Theory of Constraints, transforming traditional forecast-based systems into agile, daily decision engines. The platform is already trusted by over 220 global retailers, including names like Calvin Klein, Panasonic, Aramis, Titan Watches, Tanishq, and Being Human. Its solution has shown measurable impact—15% increase in sell-through, 71% fewer stockouts, 33% inventory reduction, and 60% faster inventory turns—delivering financial results within just 120 days. "Retailers today don't need more data—they need intelligent AI-driven execution," said Dr Yishai Ashlag, CEO and Co-founder of Onebeat. "With Schooner Capital's support, we're ready to scale our momentum and bring agile, intelligent retail to the US market." The funding comes at a time when omnichannel retailers face mounting pressure due to shrinking margins and inventory inefficiencies. With up to 30% of manufactured clothing going unsold, Onebeat aims to tackle the global inventory crisis by enabling dynamic, demand-aligned inventory decisions. Orhan Gazelle, Managing Director at Schooner Capital, remarked, "Onebeat has demonstrated exceptional leadership, cutting-edge technology, and impressive momentum. We're excited to support their expansion into the US and their mission to transform retail operations globally." With its US launch, Onebeat aims to capture a growing customer base among specialty and department store retailers seeking resilience in the face of supply chain disruptions and rising consumer expectations.
Business Insider
06-05-2025
- Business
- Business Insider
See the pitch deck that Onebeat, an AI inventory software startup, used to raise $15 million and launch in the US market
Onebeat, an Israel-based startup that uses AI to help retailers optimize their inventory, announced Tuesday it had raised $15 million in a funding round led by Schooner Capital. Goldratt Consulting created Onebeat in 2014 when the firm sought ways to use software to improve its clients' supply chain operations. It officially spun out of Goldratt in 2018. Onebeat aims to help retailers plan inventory efficiently so that large quantities of products do not go unsold. The latest funding brings Onebeat's total raised to $30 million. It plans to use the new funds to officially expand to the US market. "Retail is the most complicated business because you have to worry about product, about managing people, about marketing, about operations, supply chain," cofounder and CEO Yishai Ashlag said. "You don't really have a lot of room for mistakes." Onebeat began with building advanced statistical models that eventually evolved into machine learning and AI. "Our key algorithm where we use AI is to basically do noise and signal separation," Ashlag said. "Are we really seeing, in the small data of day to day, a trend that we should react to, or is it just a noise we should ignore?" See the pitch deck Onebeat used to raise its latest round of funding: Onebeat aims to help retailers optimize their inventory to match customer demand. Onebeat It was founded as a division of Goldratt Consulting in 2014. Onebeat It follows principles established by the firm's founder, Eliyahu Goldratt, who detailed them in his book "The Goal." Onebeat The idea for Onebeat came from Goldratt's work with leading consumer brands. Onebeat The retail world has grown increasingly complex in recent years, Ashlag said. Ashlag said consumers want quick delivery and lots of choices. Retailers trying to meet their demands often end up creating waste. Onebeat's algorithms learn customers' behavior and adapt accordingly. Onebeat seeks to learn "the distribution curve for every store, for every product, in every category, and act on that to avoid shortages and to give better customer service," Ashlag said. He said Onebeat can improve the proportion of inventory that retailers sell. It can help make recommendations about replenishing store collections and special sales events. Onebeat's customers include American Eagle and Crocs. Onebeat Onebeat considers Blue Yonder and Nextail among its competitors. The company's leadership team has experience in retail and software. "Inventory is a double-edged sword," Ashlag said. "If you find a way to manage it well, it can really uplift your business." Onebeat
