Helsinki-based retail technology startup Retailgrid has raised €358,000 in a pre-seed funding round led by Finnish B2B SaaS investors Ali Omar, Henry Nilert and Pekka Ylitalo, with participation from Innovestor Angel CoFund.
The company develops an AI-powered, spreadsheet-style platform for retail pricing, assortment planning and forecasting. Its cloud-based product connects with retail data sources including ERP systems, e-commerce platforms and market-data feeds, aiming to help mid-market retailers and FMCG companies manage tasks such as price optimisation, sales forecasting, promotion analysis and competitor monitoring.
Retailgrid said the new funding will be used to further develop its AI Grid platform, expand its customer base across Europe, and grow its engineering and commercial teams.
The company develops an AI-powered, spreadsheet-style platform for retail pricing, assortment planning and forecasting. Its cloud-based product connects with retail data sources including ERP systems, e-commerce platforms and market-data feeds, aiming to help mid-market retailers and FMCG companies manage tasks such as price optimisation, sales forecasting, promotion analysis and competitor monitoring.
Retailgrid said the new funding will be used to further develop its AI Grid platform, expand its customer base across Europe, and grow its engineering and commercial teams.