Fountain9
Fountain9, founded in 2021 and based in Mumbai, India and San Francisco, USA, offers predictive inventory planning solutions to reduce food wastage and improve product availability for the retail industry.
Services
Fountain9 offers predictive inventory planning solutions aimed at helping food brands and retailers minimize food wastage and improve product availability. Their solutions include demand sensing & forecasting, pricing & promotion planning, purchase & replenishment planning, and sales & operations planning. By leveraging advanced AI, they predict future inventory requirements and optimize prices, resulting in higher demand prediction accuracy and reduced out-of-stock situations.
Products
Fountain9's flagship product, Kronoscope, serves as a predictive inventory planning tool. Kronoscope employs a state-of-the-art demand sensing and pricing engine, incorporating various factors such as historical sales trends, seasonality, and holidays, to forecast inventory needs accurately. It aims to provide end-to-end inventory optimization, facilitating real-time impact analysis of promotions to maximize revenue while promoting machine and human collaboration for effective inventory management.
History
Fountain9 was founded on March 13, 2021. The company participated in the Winter 2021 batch of Y-Combinator, which helped accelerate its growth. With offices in Mumbai, Maharashtra, India, and San Francisco, California, USA, Fountain9 operates across multiple regions including India, the United States, South Asia, and America/Canada. Despite being a relatively young company with a team size of eight, Fountain9 has established itself as a significant player in the B2B retail sector.
Industry
Operating in the B2B sector, Fountain9 specifically targets the retail industry. Their predictive inventory planning solutions are designed to benefit E-commerce platforms, Direct-to-Consumer Consumer Packaged Goods (D2C/CPG) companies, restaurant chains, and traditional retail stores. By offering tools to reduce inventory wastage and improve product availability, Fountain9 aims to optimize supply chain operations and support business growth within these industries.
Locations
Fountain9 maintains two primary locations: one in Mumbai, Maharashtra, India, and another in San Francisco, California, USA. These strategic locations enable the company to serve clients in diverse regions, including India, the United States, South Asia, and America/Canada. The presence in both key markets supports Fountain9's mission to elevate inventory planning standards globally.