# Cogsy

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

- Industry: Software
- Headquarters: Bristol, UK
- Website: www.cogsy.com
- Total disclosed funding: $5.6M
- Latest round: Seed (Nov 5, 2021)
- Investors on record: 5

## About

Cogsy Limited is a technology company specializing in inventory management solutions for Shopify brands, enhancing operational efficiency and stock control through a comprehensive software platform.Founded in 2020 in Bristol, UK, Cogsy Limited offers an innovative inventory management platform tailored for e-commerce businesses. The company has secured funding through two significant deals, the most recent being a Seed round in November 2021, where it raised USD 5.57 mn led by Accel. The co-founders, Adii Pienaar, David Nunn, and Stefano Sala, have backgrounds in developing technology solutions, with Pienaar having previously founded other successful ventures.Cogsy's primary offering is a comprehensive inventory management platform designed for Shopify brands. The software enables users to check stock levels, track in-transit inventory, and manage vendor information all within a single interface. By providing personalized restock recommendations, Cogsy automates the restocking process, notifying users when inventory levels are low and facilitating the creation of ready-to-submit purchase orders with high accuracy. This product addresses the common challenges of inventory management, such as stockouts and inefficient tracking, ultimately allowing businesses to maintain optimal inventory levels. The platform is tailored for online retailers across various geographical markets, including North America, Europe, and Australia, serving a diverse customer base ranging from small to medium-sized enterprises to larger e-commerce businesses.Cogsy generates revenue primarily through a subscription model, where clients pay for access to its inventory management software. This transactional structure allows businesses to utilize the platform for a monthly or annual fee, which grants them comprehensive inventory control and management features. The platform's pricing plans are structured to accommodate different levels of service, ensuring scalability for clients as their business grows. This model facilitates ongoing relationships with users, allowing businesses to streamline their operations while enhancing customer satisfaction. With a focus on delivering accurate, data-driven inventory management solutions, Cogsy's services are positioned to significantly impact the revenue streams of its clients by reducing stockouts and optimizing inventory levels.In November 2021, Cogsy Limited raised USD 5.57 mn in Seed funding to enhance its platform and expand its market presence. The funding will enable key hires across various functions and geographies, enhance features like predictive analytics, and develop more integrations. The company aims to become a tech-stack agnostic platform for operational intelligence, with plans to target new markets in Asia and South America by 2023.

## Funding rounds

- Seed, Nov 5, 2021, $5.6M — Accel, Bain Capital, RiverPark Advisors, WooCommerce, Sugar Capital

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Seed
- RiverPark Advisors (https://capitalatlas.ai/funds/riverpark-advisors) — Seed
- WooCommerce — Seed
- Sugar Capital (https://capitalatlas.ai/funds/sugar-capital) — Seed