Moselle Raises $2.1M CAD in Seed Funding to Make Automated Inventory Management Accessible for All Brands | news
Summary
Moselle is working tirelessly to fill this market gap and provide small- and mid-sized merchants with an AI-powered inventory solution that supercharges growth.Today, Im proud to announce that Moselle has secured $2.1M in seed funding to fuel its mission of uplifting growing consumer brands by streamlining their inventory operations.This round was led by world-class venture capital firms AQC Capital and MaRS Investment Accelerator Fund, with participation from True, Rebellion Ventures, Highline Beta, Top Knot Ventures, and Singh Capital.We know streamlining and automating inventory operations is no easy task. But wed like to invite you to a future where Moselle helps brands of all sizes increase their margins, reduce overhead costs, and accurately predict demand all without breaking the bank.Heres how we plan to make this happen now that weve raised our seed round: Buy back your teams time with automation Everything we build from now on aims to take manual work off customers plates by democratizing AI technology so all brands can automate and accelerate inventory planning. Give your brand more inventory control For instance, were actively exploring ways to optimize your cash flow and help you secure financing. That way, you can take advantage of growth opportunities as they come along.And because we believe actions speak louder than words, weve already launched a new automated inventory forecasting, production planning, and purchasing suite that empowers our customers to manage inventory more efficiently.Over the last 18 months, Moselle merchants including Fable, AeroPress, and Sahajan have already purchased $50M+ in inventory value, saving thousands of dollars and up to 100 hours per month.Its all thanks to youThank you to our merchants, investors, and everyone else who has supported us these past few years. We wouldnt be here today without you.Heres to a future where every brand can access an inventory solution that strikes the perfect balance and supercharges growth.This ones for you!