Retail forecasting startup Nexosis raises another $5M

Story excerpt provided by Columbus Business First.

Written by Carrie Ghose.

Nexosis Inc., a data analytics startup that helps retailers and restaurants forecast how much inventory to stock – down to the ketchup packets at a fast-food store, has closed a $5 million seed round, CEO Ryan Sevey said Friday.

The round in the Westerville startup was led by Revel Partners of New York City, a venture capital firm formed by five serial entrepreneurs that’s had three acquisitions and an IPO from its portfolio in the past two years.

Click here to read the complete article.

Originally published December 2, 2016.

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