Shelf Engine

company

About

Shelf Engine is a provider of an automated prediction engine that predicts the perfect amount of perishable goods to order.

  • Seattle,Washington,United States
  • 51 - 100

Details

Last Funding Type
Series B
Last Funding Money Raised
$41M
Industries
Grocery,Machine Learning,Predictive Analytics,Sales Automation,Software,Waste Management
Founded date
Jan 1, 2015
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Shelfbot Co.

Shelf Engine is a provider of an automated prediction engine that recommends what to order every day. It is transforming the food supply chain by helping grocery stores increase profit margins while drastically reducing food and beverage waste. Using machine learning, Shelf Engine forecasts demand for highly perishable foods, reducing waste and out-of-stocks. Shelf Engine's unique business model handles the entire ordering process from vendor management to shelf optimization, saving retailers money and reducing risk by buying back any remaining unsold items.

Launched in 2015, Seattle-based Shelf Engine has more than 145 employees and manages orders for leading grocers at thousands of locations nationwide.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$58.22M
Shelf Engine has raised a total of $58.22M in funding over 2 rounds. Their latest funding was raised on Mar 18, 2021 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 18, 2021 Series B $41M 9 General Catalyst Detail
Jul 22, 2020 Series A $12M 7 GGV Capital Detail
Oct 2, 2018 Seed $4.30M 8 Bain Capital Ventures Detail
Aug 4, 2018 Seed $120K 2 Detail
Feb 6, 2017 Seed $800K 3 Initialized Capital Detail

Investors

Number of Lead Investors
Number of Investors
4
15
Shelf Engine is funded by 15 investors. General Catalyst and Bain Capital Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
General Catalyst Yes Series B
Bain Capital Ventures Yes Seed
1984 Ventures Series B
Correlation Ventures Series B
Firebolt Ventures Series B
Foundation Capital Series B
Founders' Co-op Series B
GGV Capital Series B
Initialized Capital Series B
Soma Capital Series B

Employee Profiles

Number of Employee Profiles
5
Shelf Engine has 5 current employee profiles, including Board member Hans Tung
Board member
Executive
Employee
Executive
Employee