Syrup Tech
Syrup Tech is a New York-based AI-native SaaS platform that provides inventory optimization and demand forecasting for omnichannel apparel and footwear retailers, acquired by Anaplan in September 2025 to integrate AI-driven supply chain planning into Anaplan's enterprise retail portfolio.
- Company typePrivate
- Founded2020
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Syrup Tech does
Syrup Tech is a New York-based B2B SaaS company that built an AI-native supply chain platform for inventory optimization and demand planning, focused on omnichannel apparel and footwear retailers. The platform targets the estimated $250 billion problem of stockouts, overproduction, and inventory waste in the sector, using AI-driven forecasting to improve sell-through, margins, and forecast accuracy for enterprise retail customers. The product was positioned as a subscription SaaS solution sold via an enterprise field-sales motion, with vertical specialization in apparel and footwear rather than horizontal applicability across all retail.
The company was founded in 2020 by Ramy Adeeb, Ferdinand Stockmann, and James Theuerkauf. It raised approximately $25.1 million across three rounds — a $1 million pre-seed in June 2021, a $6.3 million seed in July 2022 led by Gradient, and a $17.5 million Series A in December 2023 led by Accel Partners with participation from 1984 Ventures, Flybridge, Gradient, and Atacama Ventures. The Series A capital was earmarked to expand operations, team, and business reach. In August 2024, Syrup co-organized the VN1 Forecasting Challenge with Flieber and SupChains, signaling engagement with the broader AI supply-chain research community.
In September 2025, Anaplan acquired Syrup Tech to embed its AI forecasting capabilities into Anaplan's retail and supply chain planning portfolio — including allocation and replenishment, assortment, demand, inventory, and merchandise financial planning applications. Following the acquisition, Syrup operates as part of Anaplan rather than as an independent company, with its AI distributed globally through Anaplan's enterprise sales infrastructure rather than Syrup's prior direct-only motion. No customer logos or revenue figures were disclosed in the available data.
Syrup Tech firmographics
Firmographics- Name
- Syrup Tech
- Legal name
- Syrup Tech
- Website
- https://syrup.tech
- Company type
- Private
- Founded year
- 2020
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Syrup Tech is a New York-based AI-native SaaS platform that provides inventory optimization and demand forecasting for omnichannel apparel and footwear retailers, acquired by Anaplan in September 2025 to integrate AI-driven supply chain planning into Anaplan's enterprise retail portfolio.
- Ownership category
- akta.pro rank
Syrup Tech industry classification
Industry- Product category
- Retail Inventory Optimization Software
- akta.pro primary industry
- Demand Planning, Forecasting & Inventory Optimization Services (CRAOAOAG)
Keywords
Where Syrup Tech is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Syrup Tech business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- SaaS Subscription: AI-powered supply chain planning and inventory management solutions sold as subscription-based SaaS to enterprise retailers
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Syrup Tech product offering
Product offeringCore offering
Syrup Tech built and sold an AI/ML-powered predictive software platform for inventory decision-making in omnichannel commerce. The platform helped enterprise retailers, particularly in apparel and footwear, improve forecast accuracy, reduce overproduction, address stockouts and inventory waste, and improve margins and sell-through rates. The solution was delivered as subscription-based SaaS to enterprise retailers.
Product overview
Syrup Tech provided AI-powered planning and inventory management solutions for omnichannel commerce. The company focused on addressing inventory challenges in the apparel and footwear industry, targeting a $250 billion problem related to stockouts and inventory waste. Syrup Tech's platform aimed to improve forecast accuracy and reduce overproduction. The company was acquired by Anaplan in September 2025 to enhance Anaplan's AI-driven planning and forecasting capabilities for retailers.
Differentiator
Problem solved
Functional benefit
Products and services
- Syrup AI Inventory Optimization Platform AI/ML-powered predictive software platform for retail inventory decision-making, providing demand planning and inventory optimization to improve forecast accuracy, reduce overproduction, address stockouts and inventory waste, and improve margins and sell-through rates. Sold as subscription-based SaaS to enterprise retailers, with primary focus on the apparel and footwear vertical.
Quantifiable outcome
- Delivered significant cost savings and efficiency gains for retailers
- +1 more outcomes
Companies that use Syrup Tech
Customer profileSegments1 record
Ideal customer profiles1 record
Syrup Tech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Syrup Tech partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered flagship and minor.
- AnaplanflagshipAnaplan acquired Syrup Tech in September 2025 to enhance its AI-driven planning and forecasting capabilities for retailers. The integration combines Syrup's AI-native supply chain platform with Anaplan's planning ecosystem to help retailers improve margins, sell-through, and inventory management. Syrup had already been delivering significant cost savings and efficiency gains.
- FlieberminorSyrup Tech partnered with Flieber and SupChains to launch the VN1 Forecasting Challenge, a datathon aimed at enhancing AI-driven supply chain forecasting. The competition offered $20,000 in prizes for innovative predictive models that improve supply chain efficiency and reduce waste.
- SupChainsminorSyrup Tech partnered with Flieber and SupChains to launch the VN1 Forecasting Challenge, a datathon aimed at enhancing AI-driven supply chain forecasting. The competition offered $20,000 in prizes for innovative predictive models that improve supply chain efficiency and reduce waste.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Syrup Tech competitors and assessment
Company assessmentBroad incumbents
- Anaplan: Anaplan is the acquirer of Syrup Tech and a leading enterprise planning platform spanning finance, sales, supply chain, and workforce planning. It is directly comparable as the parent platform into which Syrup's AI demand planning capabilities are now integrated, serving the same enterprise retail planning buyer.
- SAP IBP: SAP Integrated Business Planning is a broad enterprise planning suite covering demand, supply, and inventory planning. It is a competitor in the same retail planning category as Syrup Tech, though embedded within a much larger ERP ecosystem.
Direct peers
- o9 Solutions: o9 Solutions is an AI-native integrated planning platform for demand forecasting, inventory optimization, and supply chain planning, serving enterprise retailers and consumer goods companies. It is a direct competitor to Syrup Tech in AI-powered retail demand and inventory planning.
- Blue Yonder: Blue Yonder offers AI-driven supply chain and retail planning solutions including demand forecasting and inventory optimization. It directly competes with Syrup Tech in the enterprise retail planning market and is now combined with Anaplan's offerings post-acquisition.
- RELEX Solutions: RELEX Solutions provides AI-based unified supply chain and retail planning platforms specializing in demand forecasting, replenishment, and inventory optimization for retailers. It competes directly with Syrup Tech in retail-focused inventory optimization.
- Kinaxis: Kinaxis offers the Maestro platform for concurrent supply chain planning, including demand planning and inventory optimization, serving global enterprises. It is comparable to Syrup Tech as an enterprise planning competitor with AI-augmented forecasting capabilities.
- ToolsGroup: ToolsGroup provides AI-powered demand planning, inventory optimization, and supply chain analytics for retailers and manufacturers. It directly overlaps with Syrup Tech's core offering of AI-driven inventory and demand planning for omnichannel retailers.
Emerging players
- Afresh: Afresh is an AI-native platform for fresh food demand forecasting and inventory management in grocery retail. It is comparable to Syrup Tech as an emerging AI-first retail inventory optimization player focused on a specific vertical.
- Flieber: Flieber provides inventory and demand forecasting tools tailored for direct-to-consumer and omnichannel brands. It is comparable to Syrup Tech as a niche AI inventory optimization partner, and the two co-organized the VN1 Forecasting Challenge.
- Crisp: Crisp provides real-time demand sensing and inventory analytics for CPG and retail brands using external data signals. It is comparable to Syrup Tech as an emerging AI-driven demand planning vendor targeting enterprise retail and consumer goods customers.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks4 records
Key highlights5 records
Customer concentration
Syrup Tech social profiles
Digital presenceSyrup Tech financial estimates
Financial estimateRevenue estimate
Valuation estimate
Syrup Tech leadership team
Management profileNumber of profiles
Profiles3 records
Syrup Tech funding detail
Funding detailFunding overview
Funding rounds3 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Syrup Tech M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Syrup Tech
What does Syrup Tech do?
Syrup Tech built and sold an AI/ML-powered predictive software platform for inventory decision-making in omnichannel commerce. The platform helped enterprise retailers, particularly in apparel and footwear, improve forecast accuracy, reduce overproduction, address stockouts and inventory waste, and improve margins and sell-through rates. The solution was delivered as subscription-based SaaS to enterprise retailers.
Is Syrup Tech a public or private company?
Syrup Tech is a private company. It is classified as corporate owned and is currently acquired.
When was Syrup Tech founded?
Syrup Tech was founded in 2020. It employs 11 to 50 people.
Where is Syrup Tech based?
Syrup Tech is headquartered in New York, United States, in the North America region.
How does Syrup Tech make money?
One revenue line is on record: saaS Subscription.
Who are Syrup Tech's main competitors?
Broad incumbents on record are Anaplan and SAP IBP. Direct peers are o9 Solutions, Blue Yonder, RELEX Solutions, Kinaxis and ToolsGroup. Emerging players are Afresh, Flieber and Crisp.
Does Syrup Tech have an API?
No public API is recorded for Syrup Tech.
What industry is Syrup Tech in?
Syrup Tech's product category is Retail Inventory Optimization Software. Its primary akta.pro industry code is CRAOAOAG, Demand Planning, Forecasting & Inventory Optimization Services.