# RetailReadyAi

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

- Industry: Software
- Headquarters: Atlanta, US
- Website: www.retailreadyai.com
- Total disclosed funding: $3.3M
- Latest round: Seed (Jun 12, 2024)
- Investors on record: 5

## About

Based in Georgia, US, and co-founded by Sarah Hamer and Elle Smyth in 2024, RetailReadyAi Inc. operates as a logistics technology company that streamlines retail compliance across various sectors within the retail industry, through its mobile and tablet applications. In June 2024, RetailReadyAi Inc. raised USD 3.3 million in seed funding led by Wischoff Ventures, contributions along with other investors such 640 Oxford, Lombardstreet Ventures, Duke Capital Partners, Y Combinator, etc.

The company’s app eliminates the need for lengthy paper manuals and manual spreadsheet tracking, by ensuring accurate package labeling, automating error recording, and delivering critical compliance data to brands, hence reducing shipping errors and mitigating chargebacks. RetailReady offers solutions for various stakeholders including Brands, Retailers, and 3PLs (3rd party logistics). For Brands, the app provides a visual repository for each order, helping brands mitigate chargebacks at the source, for Retailers, it automates the detection and recording of shipping compliance errors from suppliers, replacing printed SOPs and manual tracking, and for 3PLs, the app guides operations through step-by-step packing instructions, requiring no training time or integrations.

The firm plans to utilize the June 2024, funding to streamline warehouse packaging through a tablet app.

## Funding rounds

- Seed, Jun 12, 2024, $3.3M — Y Combinator, Lombardstreet Ventures, 640 Oxford Ventures, Wischoff Ventures, Duke Capital Partners

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Lombardstreet Ventures (https://capitalatlas.ai/funds/lombardstreet-ventures) — Seed
- 640 Oxford Ventures (https://capitalatlas.ai/funds/640-oxford-ventures) — Seed
- Wischoff Ventures (https://capitalatlas.ai/funds/wischoff-ventures) — Seed
- Duke Capital Partners (https://capitalatlas.ai/funds/duke-capital-partners) — Seed