On December 1, 2023, Syrup Tech, a start-up that provides AI-powered planning, buying, and inventory optimization for omnichannel commerce, announced its $17.5 million Series A fundraise. The funding round is led by Accel with participation from existing investors Gradient Ventures and 1984 Ventures. Increased accuracy in forecasting takes the guesswork out of merchandise planning, helping reduce overproduction. Syrup connects inventory data with a unique mix of historical, transactional, and real-time data so that planning teams can make optimal decisions for their inventories. Wilson Sonsini Goodrich & Rosati advised Syrup Tech on the transaction.

The team that advised Syrup on the transaction included Seth Helfgott, Rowena Chen, Daniel Xo, MJ Han, Rebecca Stuart, and Quinn Christie.

For more information, please see Syrup Tech's press release.