Intelo.ai, a New York-based company that provides retail planning software and AI merchandising platform, has closed a $2 million in funding.
Investors
The round was led by Illuminate Ventures, a venture capital firm that invests at the Seed stage across the trillion-dollar B2B AI software market. With offices in Oakland, CA, and Seattle, WA, the firm is often the first institutional partner for startups, providing capital, networks, and hands-on expertise to help founders accelerate growth and build category-defining companies.
Intelo.ai Use of Funds
The company will use the funding to expand product and engineering teams, accelerate go-to-market efforts, and enhance its AI-powered platform.
About Intelo.ai
Founded by Roopesh Nair and Jeff Fish, Intelo.ai provides a collaborative intelligence platform for the retail industry, specifically for merchandising and planning. Its AI-native platform leverages specialized AI agents that work alongside human teams, augmenting their capabilities to master the complexity of modern retail. By unifying data and empowering collaboration between humans and AI, Headquartered in New York, NY, their mission is to deliver a new era of collaborative intelligence to the retail industry.
Funding Details
Company: Intelo.ai
Raised: $2.0M
Round: Unknown
Funding Date: October 2025
Lead Investor: Illuminate Ventures
Additional Investors:
Company Website: https://www.intelo.ai/
Software Category: Retail AI / Collaborative Intelligence
Source: https://www.prnewswire.com/news-releases/inteloai-closes-2-million-financing-led-by-illuminate-ventures-to-transform-retail-with-collaborative-intelligence-302584082.html