OneBeat, a retail technology startup focused on Smarter Inventory Decisions, has officially launched in the US with a new $15 million funding. The round was led by Schooner Capital and supported by Magenta Venture Partners, Surver Ventures, Ventures, J-Ventures and Incapital Ventures. This brings the company’s total funding to $30 million.
The startup already has a name outside the US, helping brands like Calvin Klein, Panasonic and Aramis make better stock calls at LATAM, EMEA and APAC. Now it brings its Playbook Stateside at a time when retailers are dealing with bloated stockrooms, closer margins and increasingly impatient customers.
Retailers have long struggled with traditional, predictable inventory systems that often overlook the mark. result? Shelves are packed with things that shoppers don’t want, and when they do, they’re empty. It is estimated that up to 30% of clothing will not be sold and will ultimately be wasted.
OneBeat wants to fix it. The startup was founded in 2018 by supply chain experts at Goldratt Group and was built around the theory of constraints. Instead of relying on long distance forecasts, it helps retailers make daily inventory decisions for each SKU and store based on actual demand.
The system helps retailers use AI and big data to adjust product assortment, stock levels and sales strategies in both online and physical stores, and adjust daily, store-by-store.
The platform handles everything from restocking to liquidation and adjusts inventory flows in real time. The results are difficult to ignore, according to the company. Sellers are 15% less stock, 71% less stock, 33% less stock, and margins are up to 5% more.
“Retailers today don’t need any more data. They need intelligent, AI-driven execution,” says Dr. Yishai Ashlag, CEO and co-founder of OneBeat. “That’s why we built OneBeat as a new AI-powered retail operating system that translates data into real-time, revenue driving execution. This investment from SchoonerCapital is more than capital. It’s a strong vote of trust in our global impact and vision.
Orhan Gazelle of Schooner Capital calls OneBeat’s momentum impressive and sees the strong potential for the model to reshape the retailer’s workings.
The Panasonic team says the impact has become clear. “OneBeat has given us a common language across production, logistics and sales, so we can chase one goal. “Inventory has become visible, action is clearer, and we’ve reduced it too much. Now we’re ready to lean faster, lean, and all the demands throw at us.”
Over 220 retailers already use OneBeat. With its US debut, the company is targeting omnichannel, department stores and specialized retailers.
OneBeat founders Yishai Ashlag and Avihai Shnabel.
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