The round was led by EBRD (European Bank for Reconstruction and Development), with participation from Collective Spark. The funding will be used to further accelerate Invent Analytics' growth in North America and Western Europe and continue to invest in its AI-powered retail supply chain solutions for omni-channel retail.

Invent Analytics is a global retail planning solutions provider that helps leading retailers accelerate their omni-aware demand forecasting, allocation, replenishment, and markdown capabilities using financial profit optimization model and AI-based advanced analytics.