Antuit, Inc.

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Antuit, Inc. - overview

Established

2013

Location

Frisco, TX, US

Primary Industry

Software

About

Antuit, Inc. is a provider of AI-driven solutions designed to enhance decision-making in supply chain and retail sectors, focusing on forecasting, planning, and pricing to optimize operations. Founded in 2013 and headquartered in Frisco, US, Antuit, Inc. specializes in AI-powered analytics for supply chain and retail operations.


The company has undergone significant changes in its business strategy, culminating in its acquisition by Zebra Technologies Corporation in August 2021. Neeraj Bhargava, a seasoned entrepreneur, founded the company, and it has operated three distinct deals in its history. The most recent funding round was a GROWTH round in which Antuit raised USD 56. 00 mn from investors including Goldman Sachs Merchant Banking Division and Zodius Capital, bringing the total amount raised to USD 56.


00 mn. Antuit. ai focuses on delivering AI-driven solutions that improve decision-making across supply chain and retail operations. Their offerings include advanced forecasting, planning, and pricing tools that utilize sophisticated algorithms for data analysis and actionable insights.


These services aid clients like Neiman Marcus in optimizing inventory management and demand execution. Antuit. ai operates internationally, with deployments in North America, Europe, and Asia-Pacific, enabling diverse businesses to implement data-driven strategies effectively. Antuit.


ai generates revenue primarily through software licensing and subscription services, which allow clients to integrate AI solutions into their operations. The company collaborates with enterprises through customized agreements that grant access to its core products for specified durations, with pricing varying based on deployment scale and service levels. Transactions are characterized by B2B interactions, focusing on delivering measurable outcomes without upfront costs for long-term commitments. The company emphasizes value delivery through its Rapid Response Solutions, which assist in streamlining decision-making processes.


Following its acquisition by Zebra Technologies Corporation in August 2021, Antuit, Inc. is positioned for continued growth. The company plans to expand its product offerings with new AI solutions designed for supply chain optimization, targeting a release in the next fiscal year. Geographically, Antuit aims to penetrate additional markets in Europe and Asia by the end of 2023, leveraging new resources from its recent GROWTH funding round of USD 56.


00 mn to support these initiatives.


Current Investors

Zodius Capital, Goldman Sachs Asset Management

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Logistics Software, Sales & Marketing Software

Website

www.antuit.com

Verticals

Big Data

Total Amount Raised

Subscriber access only

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