TEVEC
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Seed | ||
BRL5.0m | Late VC | ||
* | BRL25.0m Valuation: BRL25.0m | Acquisition | |
Total Funding | €806k |
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EditTEVEC is a technology company specializing in demand forecasting solutions using deep learning algorithms. The company serves large enterprises and retail businesses, providing them with advanced tools to predict SKU (Stock Keeping Unit) demand. TEVEC operates in the retail and technology markets, offering a software-as-a-service (SaaS) model. This business model allows clients to subscribe to their software, which simplifies sales planning and enhances billing outcomes. The software is designed to be user-friendly and practical, eliminating the need for dedicated software projects. TEVEC's solution is validated by large companies and has received international awards, underscoring its effectiveness and reliability. The company generates revenue through subscription fees for its software, which helps clients optimize their inventory and sales strategies by considering various factors such as price changes, promotional campaigns, climate conditions, and the specific characteristics of each store's neighborhood.
Keywords: demand forecasting, deep learning, SKU, retail, SaaS, sales planning, inventory optimization, predictive analytics, enterprise solutions, award-winning.