Overview
Syrup was a New York company using AI to forecast demand and plan inventory for fashion and retail brands[1]. The company built an AI-native supply chain platform that enabled global retailers and inventory-intensive businesses to plan, buy, price, and allocate with confidence[2]. Syrup's platform leveraged proprietary neural network-based engines trained on granular sales data, product imagery, and external signals including social sentiment, influencer trends, and weather patterns[3]. The platform was trusted by leading retailers including Faherty and Reformation[4]. According to Anaplan, Syrup's platform delivered 5-10% margin improvements, 10% higher sell-through, and 20-30% reductions in inventory costs, translating to more than $20 million in annual savings per $1 billion in revenue on average[5]. Syrup Tech was acquired by Anaplan, announced on September 9, 2025[6].
Syrup's platform "leverages proprietary neural network-based engines trained on granular sales data, product imagery, and external signals like social sentiment, influencer trends, and even weather patterns". [3]
Customers
Syrup was described as "Trusted by leading retailers including Faherty and Reformation". [4]
Growth & traction
Anaplan said Syrup's platform "has delivered 5-10% margin improvements, 10% higher sell-through, and 20-30% reductions in inventory costs - translating to more than $20 million in annual savings per $1 billion in revenue on average". [5]
Syrup was led by co-founders James Theuerkauf and Ferdinand Stockmann. [7]
Status
- Syrup Tech was acquired by Anaplan, announced on September 9, 2025 under the headline "Anaplan Extends AI Leadership with the Acquisition of Syrup Tech".[6]
Backers
Flybridge
Seed-stage venture capital firm with NYC and Boston offices, focused on AI-native companies
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