FENTECH
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FENTECH - overview
Established
2018
Location
Paris, -, France
Primary Industry
Software
About
Founded in 2018 and based in Paris, France, FENTECH offers a cloud-based platform designed for sales forecasting, inventory management, and marketing. They have developed an AI system known as Clairvoyant, which enables retail businesses to adjust to unpredictable economic conditions and increase inflation rates by upgrading their sales forecasting capabilities. In October 2023, FENTECH raised EUR 1. 2 million in venture funding led by investor Elaia Partners.
The company’s platform, DSales, a smart sales forecasting solution offered by the company, integrates with merchants' ERPs to compute sales forecasts and proactively identifies potential issues related to product and store performance, including stock shortages, end-of-life situations, and excessive inventory. The algorithms in DSales then recommend various action plans by considering multiple factors like pricing, inventory levels, and product launches.
Current Investors
Elaia Partners
Primary Industry
Software
Sub Industries
Sales & Marketing Software, Analytics & Performance Software, Accounting/Finance Software
Website
www.fentech.ai/
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
FENTECH - employee data
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