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