The Venture Codex Logo

The Venture Codex

Shypyard

256 Marginal Street, East Boston, MA, 02128, United States

Overview

Shypyard develops inventory, supply, demand and replenishment planning tools aimed at small brands and DTC merchants. The company targets entrepreneurs who lack the resources to implement complex enterprise planning software, positioning itself as a simpler, more accessible alternative to tools like Anaplan. Its technology has been piloted with about a dozen customers for eight months and it already has a handful of paying customers. Shypyard plans to use new funding to hire, accelerate product development, increase customer acquisition and scale its AI-driven decision-making capabilities. The product is intended to reduce stock-outs, free up cash tied in inventory, and improve forecasting for small merchants.

Total raised
$3M
Funding rounds
1
Latest round
Seed
Latest activity
Jul 2022

Industries

  • Computer
  • Software
  • Software Engineering
Visit website

Recent funding

  1. Seed

    Jul 2022

    $3M

Team