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VisitYC W24 Grad RetailReady Raises $3.3M to Address $40B Compliance Market
Jun 12, 2024, 03:01 PM
RetailReady, a Y Combinator W24 graduate, has successfully raised $3.3 million in a seed funding round to develop an AI-powered warehouse application. The app aims to address the $40 billion compliance market by reducing the number of retail compliance losses incurred by shippers annually. The funding round was led by NWischoff and involves brands, third-party logistics providers (3PLs), and retailers. RetailReady's solution targets the frequent errors caused by complex paper manuals for packing instructions, offering an intuitive tablet application as an alternative.
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Markets
Yes • 50%
No • 50%
Public announcements by RetailReady, usage reports
Yes • 50%
No • 50%
Public announcements by RetailReady or investment firms, news reports
Yes • 50%
No • 50%
Public announcements by RetailReady or the 3PL provider, news reports
Amazon • 25%
None of the above • 25%
Target • 25%
Walmart • 25%
Public announcements by RetailReady or the clients, news reports
More than 5% • 33%
Less than 1% • 33%
1% to 5% • 33%
Market analysis reports, announcements by RetailReady
Seed Extension • 33%
Series B • 33%
Series A • 33%
Public announcements by RetailReady or investment firms, news reports