# FENTECH

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

- Industry: Software
- Headquarters: Paris, France
- Website: www.fentech.ai/
- Total disclosed funding: $1.3M
- Latest round: Seed (Oct 18, 2023)
- Investors on record: 1

## About

Founded in 2018 and based in Paris, France, FENTECH offers a cloud-based platform designed for sales forecasting, inventory management, and marketing. They have developed an AI system known as Clairvoyant, which enables retail businesses to adjust to unpredictable economic conditions and increase inflation rates by upgrading their sales forecasting capabilities. In October 2023, FENTECH raised EUR 1.2 million in venture funding led by investor Elaia Partners.  

The company’s platform, DSales, a smart sales forecasting solution offered by the company, integrates with merchants' ERPs to compute sales forecasts and proactively identifies potential issues related to product and store performance, including stock shortages, end-of-life situations, and excessive inventory. The algorithms in DSales then recommend various action plans by considering multiple factors like pricing, inventory levels, and product launches.

## Funding rounds

- Seed, Oct 18, 2023, $1.3M — Elaia Partners

## Investors

- Elaia Partners (https://capitalatlas.ai/funds/elaia-partners) — Seed