Kepler Analytics, Melbourne, Australia-based retail analytics SaaS platform has raised AUD$22 million (USD$15.5M) Series B funding round.
The round was led by VC OneVentures through its 1V Growth Fund V, with participation from Whiteoak, Taronga Ventures, and Shearwater Capital and existing investors Reinventure and InterValley Ventures.
The company plans to use the fresh capital for key hires, roll out new product features, and fuel global expansion as a result of significantly increased customer demand in North America, Europe, and Asia.
Company: Kepler Analytics
Raised: $22.0M
Round: Series B
Funding Month: February 2022
Lead Investors: OneVentures
Additional Investors: Whiteoak, Taronga Ventures, and Shearwater Capital. Existing investors Reinventure and InterValley Ventures
Company Website: https://kepleranalytics.com/
Software Category: AI-powered retail foot traffic & sales optimization system
About the Company: Kepler was founded in 2014 in Melbourne, Australia by a dedicated team of engineers and former retailers with the belief that data-driven actions can fundamentally transform the retail experience. Kepler Analytics is an AI assistant for brick-and-mortar retail managers that collects, analyses, and recommends actions to more effectively grow store sales and increase the productivity of store operating resources. Kepler's mission is to support retail businesses that want to increase sales, reduce costs and create a better experience for their customers. Kepler is currently servicing more than 5,500 stores across 24 countries from small local shops to large enterprise retailers including Aēsop, Hanes Group, Officeworks, Hudsons Bay, and Pandora.
Source: https://www.startupdaily.net/2022/02/retail-software-startup-kepler-analytics-raises-22-million-series-b/