Santé raises $15 million to bring AI to the neighborhood liquor store
Santé says it serves nearly 1,000 retailers handling $2 billion in annual merchandise sales. FINTOP led the round, and the next challenge is using that data to make each liquor store more profitable.
Via TNW | Contributed
Every bottle sitting unsold on a liquor store shelf ties up cash. Deciding when to discount it, which customers might buy it and whether to order another case requires information and time. An independent retailer may struggle to pull that together.
Santé sees a business opportunity in those everyday decisions.
This week, the company announced $15 million in Series A funding led by FINTOP. Returning investors Bonfire Ventures, Operator Collective, Y Combinator and Veridical Ventures participated. Its pitch is that…
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