# Autone

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/autone

- Industry: Software
- Headquarters: London, UK
- Website: www.autone.io/
- Total disclosed funding: $22M
- Latest round: Series A (Oct 16, 2024)
- Investors on record: 10

## About

Based in the UK, Autone develops an advanced inventory management platform that optimizes retail operations for various industries, including fashion and beauty. The platform utilizes AI-driven insights to enhance purchasing and stock strategies for retailers.Autone, founded in 2021 in London, UK, specializes in an inventory management platform tailored for retail sectors. The company was established by Adil Bouhdadi and Harry Cheslaw. Autone has successfully completed two deals, with the most recent being a Series A funding round on October 16, 2024. In this round, Autone raised USD 17.00 mn with General Catalyst Partners leading the investment, alongside participation from 2100 Ventures, Better Angle, Financière Saint James, Kima Ventures, Motier Ventures, Purple, Seedcamp, Speedinvest, and Y Combinator.Autone specializes in an advanced inventory management platform designed to optimize retail operations across various industries, including fashion, beauty, furniture, and sports. The platform includes modules that analyze, predict, and recommend inventory strategies, allowing retailers to avoid stockouts and enhance sales performance. Utilizing AI-driven insights combined with expert human intuition, Autone provides actionable recommendations for purchasing, replenishment, and stock balancing. The company serves diverse clientele, including notable brands in fashion and beauty, and operates in major retail hubs in North America and Europe.Autone generates revenue through a subscription-based model that grants access to its inventory management platform for retailers and brands in the fashion and cosmetic industries. Clients pay a recurring fee for software services that include comprehensive tools for inventory monitoring and sales optimization. Pricing plans are tailored to accommodate various business sizes, catering to both small retail operations and larger enterprises. Autone's unique offerings, such as AI-driven recommendations and expert insights, position the company as a partner to enhance operational efficiencies without disclosing specific pricing details or revenue figures.Following the recent Series A funding of USD 17.00 mn raised on October 16, 2024, Autone plans to enhance its inventory planning platform and expand its engineering team to accelerate product development. The funding will support initiatives targeted at better serving mid-market retailers and premium brands. Autone is also focused on expanding into new geographic regions, with plans to target additional markets in North America and Europe by the end of 2025.

## Funding rounds

- Series A, Oct 16, 2024, $17M — General Catalyst Partners, Seedcamp, Y Combinator, Speedinvest, Financière Saint James, Motier Ventures, Purple, 2100 Ventures, Better Angle, Kima Ventures
- Seed, Oct 6, 2023, $5.2M — Seedcamp, Kima Ventures, Y Combinator, Speedinvest, Financière Saint James, Motier Ventures, Purple, 2100 Ventures, Better Angle

## Investors

- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed, Series A
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed, Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed, Series A
- Financière Saint James — Seed, Series A
- Motier Ventures — Seed, Series A
- Purple (https://capitalatlas.ai/funds/purple) — Seed, Series A
- 2100 Ventures (https://capitalatlas.ai/funds/2100-ventures) — Seed, Series A
- Better Angle (https://capitalatlas.ai/funds/better-angle) — Seed, Series A
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A