XY Retail Scores Seed Financing Round
Summary
NEW YORK, NY, XY Retail today announced the closing of its seed round. XY Retail, the global commerce solution that helps retailers streamline omnichannel operations and foster the strongest, most meaningful, and profitable relationships with their customers, today announced the closing of its seed round led by Monta Vista Capital with participation from Stage 1 Ventures. Funding will be used to accelerate the companys global rollout of the XY platform to the worlds biggest luxury brands, to help them digitize their enterprises and manage their entire global retail operations- from data decisioning, stock management, and order fulfillment to hyper-personalizing the clienteling and merchandising experience. Dozens of blue chip brands like ISAIA have adopted XY Retails platform to digitize their enterprises and manage their entire global retail operations- from data decisioning, stock management and order fulfillment to hyper-personalizing the clienteling and merchandising experience. The platform also boosts commerce by enabling retailers to fulfill online orders up to 300 percent faster.