Infor
641 Avenue of the Americas, New York, NY, 10011, United States
Overview
Infor provides SaaS software for healthcare, services, public sector, manufacturing, distribution, and fashion/retail industries. The company offers cloud-based applications served up on a composable platform complete with rich data analytics providing front and back office business process management for customers in specific industries to monitor and manage the deployment, performance, and maintenance of company assets, as well as provision of financial and physical controls to control manage projects and programs, energy consumption, and asset and operating infrastructure. Infor offers financial management products for budgeting, forecasting, financial reporting, expense management, and compliance, human capital management products for workforce management; and customer resource management products to plan, execute, and monitor outbound marketing campaigns. Infor also provides supply chain management apps to manage supply chain activities like production and monitoring of goods in transit and at rest, and warehouse management, including high-powered data analytics to provide insights into operations in real time. Infor provides technical support such as product upgrades, updates, and corrections for the software under maintenance, as well as other technical support services, and consulting services. It offers its industry-specific and other enterprise software products and related services primarily to large enterprises and small-to-midsize companies in various industries, such as manufacturing, distribution, healthcare, public sector, retail, and hospitality industries.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Automotive
- Education
- Fashion
- Food and Beverage
- GovTech
- Health Care
- Manufacturing
- Retail
Investment portfolio
- Claim it!
Participated · Seed · Aug 2017
Claim it! offers a mobile app that enables people to discover, give or share free items from national brands, local businesses and neighbors. The platform lets local brands promote storefronts, services or offers to nearby users at no cost and allows national brands to distribute samples, e-gift cards, daily deals, last-minute offers or promote events. It provides a self-service tool for brands to instantly create offers, drive buzz, build brand awareness and acquire new customers. Led by CEO Ali Abdullah, the company targets both consumers seeking free items and businesses seeking local customer acquisition. The business plans to use the seed proceeds to continue app development and expand operations.
- Predictix
Led · Equity · Jan 2016
Predictix offers cloud-native predictive and prescriptive analytics solutions for retailers, covering Merchandise Planning, Assortment and Category Management, Demand Forecasting, Price Optimization and Supply Chain Optimization. The company sells these capabilities as SaaS and reported over 40% growth in SaaS subscriptions in 2015. Its customer base includes three of the top 10 U.S. retailers and five of the top 15 global retailers, and it has signed 15 consumer packaged goods companies to collaborate on forecasting and in-stock improvements. Key 2015 milestones included implementing Assortment Planning in seven months at a top-10 U.S. retailer and a rollout with a top-10 U.S. grocer that combines assortment, forecasting and price management. Gartner positioned Predictix as a Leader in the 2015 Magic Quadrant for Merchandise Assortment Management Applications and noted Predictix as the only cloud-native solution in the Leaders quadrant. The company announced a strategic partnership with Infor that included a $25 million minority investment and said it is building on 2015 successes into 2016. Predictix positions its solutions to drive tens to hundreds of millions in benefits for retailers by improving assortments, forecasting accuracy and omni-channel fulfillment. Predictix provides predictive, cloud-native retail applications that leverage Big Data and advanced predictive and prescriptive analytics to optimize planning, merchandising, forecasting and supply chain decisions. Its applications run on the LogicBlox Smart Database, a hybrid transaction/analytical processing (HTAP) database. The company emphasizes real-time performance and scalability to enable even the largest retailers to optimize decisions and adapt to changing needs. Predictix says its solutions help retailers make decisions for more than 8 billion store-SKU combinations generating $168 billion in annual sales. Gartner’s July 2014 Magic Quadrant for Merchandise Assortment Management Applications rated Predictix highest on ability to execute and furthest on completeness of vision within the Challengers Quadrant. The company plans to use a recent $15 million investment to deepen retail expertise, accelerate momentum and support strategic growth and global scaling.