Autone builds an inventory-planning and demand-forecasting platform that helps mid-market retailers and premium fashion brands forecast demand, support sales, and reduce waste and manual tasks. Founded in 2020, the product can project a brand’s assortment over the next 12 months and enable variable supply-chain decisions, such as purchasing raw materials in one month instead of three to lower inventory risk. The alpha was developed by the co-founders while at Alexander McQueen after discovering teams relied on Excel and operated in silos. Autone now counts customers including Courrèges, Roberto Cavalli, Stussy, and Zadig & Voltaire. The company positions itself against incumbents such as Anaplan, BlueYonder, and Relex. It targets mid-market and premium brands that lack the IT firepower of retail giants and often depend on legacy software. autone is a London, UK–based SaaS platform that optimizes inventory management for retail brands. The platform leverages data analytics to help businesses make optimal decisions quickly and to reduce stock-outs and excess inventory. Founded in 2021 by Adil Bouhdadi and Harry Cheslaw, autone focuses on maximizing growth for customers through inventory optimization. The company raised €4.2M in a seed round in October 2023 to support its growth. autone plans to use the funding to expand its reach in strategic markets, accelerate product development, and strengthen partnerships. Its product is positioned for retail brands seeking to improve inventory decisions via a SaaS inventory-management solution. Autone offers an end-to-end operational decision platform that provides retailers and consumer goods companies with decision recommendations on inventory, demand, supply planning, pricing elasticity and analytics operations. The platform is designed to be user-friendly, collaborative and to help customers navigate supply chain challenges. Autone targets luxury and broader consumer goods retailers seeking to optimise operations and pricing. The company plans to use the funding to supercharge business acceleration and expand its core tech team, customer success and marketing in line with its go-to-market strategy. Financially, Autone closed a €1.7M pre-seed round in June 2022 to support these initiatives.

Total raised

$23M

Funding rounds

3

Latest round

Series A

Latest activity

Oct 2024