Nextail Labs SLU

Nextail Labs SLU is a technology company specializing in AI-driven merchandise execution solutions tailored for the fashion retail industry, helping brands optimize inventory management and align operations with market demands. Founded in 2014 in Madrid, Spain, Nextail Labs SLU develops advanced merchandise execution platforms for fashion retailers. The company has successfully completed three deals, with its most recent funding round being a Series A in June 2018, raising USD 10 mn led by Keen Venture Partners, alongside participation from Bright Pixel and Nauta Capital. The CEO is Joaquin Villalba, while Carlos Miragall serves as the founder.

Nextail offers a comprehensive merchandise execution platform specifically designed for the fashion retail sector. The platform leverages AI-powered technology to enhance merchandise planning and execution, enabling fashion brands and retailers to optimize inventory management and align their operations with real-time market demand. Key functionalities include allocation and replenishment solutions that ensure optimal product availability, inventory rebalancing for better end-of-season sell-through, and advanced analytics providing granular insights into store operations. Nextail serves a diverse client base that ranges from on-trend fashion retailers to luxury goods brands, operating in various geographical markets including Europe, North America, and Asia.

By integrating its solutions into their merchandising processes, clients are better equipped to manage inventory efficiently, reduce waste, and enhance overall operational performance. Nextail generates revenue through a subscription-based model for its merchandise execution platform, providing retailers with continuous access to its suite of AI-driven solutions. In 2021, the company's revenue was USD 6,922,863. 50, and its EBITDA for the same year was USD 4,054,651.

10. Clients typically engage in contracts encompassing multiple services, including inventory analytics, allocation and replenishment, and store operation insights, structured around annual or multi-year subscriptions. This model ensures a consistent revenue stream as retailers seek to enhance their inventory management capabilities and drive profitability while adhering to emerging regulatory requirements. Nextail plans to expand its product offerings and enter new markets in Europe, North America, and Asia by 2023.

The funding received in June 2018, amounting to USD 10 mn, is targeted towards developing upcoming product features that will enhance the platform's capabilities and support its expansion into these key regions. With a focus on providing better analytical tools and improving user experience, Nextail aims to solidify its presence in the fashion retail technology sector.