Autone raises £13m in Series A funding led by General Catalyst to expand its retail inventory platform
General Catalyst led the Series A round with participation from existing backers to fund US and European expansion.
Autone provides an artificial intelligence platform for retail inventory management, helping brands optimise stock levels and forecasting. The company was founded by former Alexander McQueen data specialists.
London-based inventory management platform Autone has secured £13m in a Series A funding round led by General Catalyst. The round also drew participation from existing seed backers Speedinvest, YCombinator, Seedcamp, 2100VC, Motier, and Financiere Saint James, alongside notable angels from luxury houses including LVMH, Sephora, and Moncler.
Founded by Adil Bouhdadi and Harry Glucksmann-Cheslaw, the company will use the capital to accelerate product development and scale its go to market operations. The fresh funds will support team expansion across the United States and Europe as demand grows for its predictive analytics software.
The platform processes millions of data points to help global retail brands reduce surplus stock, improve demand forecasting, and minimise manual administrative tasks. Current clients include prominent fashion labels such as Roberto Cavalli, Courreges, Stussy, and Zadig and Voltaire.
From the founder
"Autone speaks the language of the people using it—not just the C-suite,"
Adil Bouhdadi
CEO at autone
Investor perspective
"With our investment in autone, we are supporting a team with deep retail expertise and a vision to help mid-market retailers make better business decisions using data."
Zeynep Yavuz
Partner, General Catalyst
Use of funds
- 01Continue product development
- 02Expand into international markets
- 03Grow the team
- 04Accelerate go-to-market
Investors
Categories
About the company
autone
Autone provides an artificial intelligence platform for retail inventory management.