Nextail is a smart platform for retail merchandising. Developed by retail experts, it delivers agile data-driven decisions to meet increasing consumer demands. Using Nextail’s AI and advanced analytics, global retailers like River Island, Versace and Pepe Jeans, are automating dynamic buying and merchandising. Within weeks, sales and margins increase while stock levels are reduced. We support 4 key decisions every retailer faces: buying, first product allocation, replenishment and store transfers. Our optimization engine coupled with the most advanced retail-specific BI, has proven to increase sales by 5-10% while reducing stock coverage and stock-outs. How are we different? Nextail was designed by fashion retail experts to support retailers in the transition to an agile retail paradigm. Our algorithms are built based on the latest fast-fashion operations research, which can be extended to other verticals with constant product introduction and short product lifecycles. Traction Backed by Nauta Capital, KEEN Venture Partners LLP, and Sonae Investment Management, Nextail is managing the stock of major retailers operating in more than 30 countries.
View Top Employees from NextailWebsite | http://nextail.co |
Revenue | $6 million |
Funding | $11.6 million |
Employees | 178 (178 on RocketReach) |
Founded | 2014 |
Address | 14 Calle De Belalcázar, Madrid, Madrid 28006, ES |
Category | Retail, Software Development, Fashion, Technology, Mobile |
Web Rank | 2 Million |
Keywords | nextail, nextail login, nextail labs, manage leftover inventory retail saas, most popular retain systems in spain |
Competitors | Orderbot Software Inc., Ordoro, Quantum Retail Technology, ShipStation, Shippo |
SIC | 737, 73 |
NAICS | 5182, 518210, 518, 51, 51821 |
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The Nextail annual revenue was $6 million in 2023.
178 people are employed at Nextail.
Nextail is based in Madrid, Madrid.
The NAICS codes for Nextail are [5182, 518210, 518, 51, 51821].
The SIC codes for Nextail are [737, 73].