Onebeat
Category: AI Infrastructure
Onebeat offers an AI-driven retail technology platform that leverages short-term predictions to convert customer behavior into real-time actions, optimizing sell-through and overall sales for retailers. Onebeat was founded in 2018. The company is led by Dr. Yishai Ashlag. Based in Tel Aviv, Israel; New York, NY, USA. Team size: N/A. Total funding raised: $30 million. Latest round: $15 million Series B round led by Schooner Capital, announced in 2023. Key investors include Schooner Capital, Magenta Venture Partners, AnD Ventures, INcapital Ventures, J-Ventures, Surround Ventures, Wilson's Bird Capital, Renuar Group.
- Founded
- 2018
- Headquarters
- Tel Aviv, Israel; New York, NY, USA
- Team size
- N/A
- Total funding
- $30 million
Value proposition
Helps retailers optimize inventory, reduce unsold products and stockouts, increase full-price sales, and enhance overall profitability through real-time, AI-driven decision-making.
Products and solutions
AI-driven inventory optimization and execution platform, Seasonal inventory management tool
Unique value
Utilizes AI to differentiate noise from signals in inventory data, enabling precise, real-time inventory decisions based on the principles of the Theory of Constraints (TOC).
Target customer
Retailers, wholesalers, and brands of various sizes, particularly mid-sized retail enterprises.
Industries served
Retail
Technology advantage
Employs advanced AI and machine learning models for dynamic, SKU-store level inventory management, drawing on the deep supply chain expertise from its Goldratt Consulting roots.
How they differentiate
Focuses on AI-driven noise and signal separation to deliver actionable and precise inventory insights, rather than simply aggregating data.
Main competitors
Manhattan Associates, Blue Yonder, Infor
Key partnerships
Goldratt Consulting, Calvin Klein, Panasonic, Aramis
Notable customers
Calvin Klein, Panasonic, Aramis, American Eagle, Naf Naf, Toys R Us, Titan, Tanishq, Croma, Max, Metro Shoes
Major milestones
Raised multiple funding rounds totaling $30 million Spun out from Goldratt Consulting Launched an AI-driven platform for seasonal inventory management Expansion into the US market
Growth metrics
Over 120 retailers in 24 countries are leveraging Onebeat's platform, with ongoing expansion into the US market.
Market positioning
Positions itself as a specialized AI solution provider for inventory efficiency and operational optimization in the retail sector.
Geographic focus
Global, with strong roots in Israel and an expanding presence in the US market.
Patents and IP
Not publicly disclosed
About Dr. Yishai Ashlag
Dr. Yishai Ashlag is the Co-founder and CEO of Onebeat, an AI-driven retail technology platform. He is an investor and entrepreneur with a background from The Wharton School. He leads the company's vision and global expansion efforts.
Official website: https://1beat.com