What does Tailor do?
Tailor offers a headless ERP platform designed for modern mid-sized and enterprise businesses operating in retail, ecommerce, and supply chain sectors. The platform features composable architecture with customizable modules for inventory, purchasing, fulfillment, finance, and omnichannel management, helping companies automate workflows and quickly adapt to change.
How much did they raise?
The company raised an additional $8M in its Series A round, bringing the total Series A funding to $22M. Notable new investors include JIC Venture Growth Investments and New Enterprise Associates, while Y Combinator, a participant from the seed round, increased its investment. The round also mentions lead investor ANRI and participant investor Spiral Capital.
What are their plans for the money?
Tailor plans to use the funds to further develop and scale its platform, enabling businesses to leverage robust ERP solutions to streamline operations and drive efficiency. The investment is expected to accelerate innovation in managing inventory, purchasing, fulfillment, and overall omnichannel strategies.
What have they achieved so far?
Tailor has already demonstrated market traction by building a sophisticated platform that attracts top-tier investors and meets the evolving needs of modern retail operations.