Kansas City, United States
InvenQuery, LLC provides real-time inventory management and marketing solutions for retailers dealing with unique items, offering an integrated e-commerce platform. The company's agile and scalable IQ software facilitates efficient inventory tracking and e-commerce website administration. Targeting the discount home improvement retail sector, InvenQuery aims to tap into the growing $270 million reuse industry, which is expanding at a rate of 15% annually. Despite the significant online search interest in home improvement projects, just 5% of the reuse industry's inventory is sold online. Through its platform, IQ allows reuse centers to streamline inventory tracking and online display, subsequently enabling them to reach a broader customer base and contribute to environmental sustainability by diverting materials from landfills.
Founded in 2010, InvenQuery has secured a $650.00K Series A investment on 29 September 2012, with Dundee Venture Capital as the lead investor. The company's focus on merging e-commerce with sustainability aligns with the increasing consumer interest in environmentally responsible purchasing. With its plans to expand into various vertical markets and leverage its association with PlanetReuse, InvenQuery is well-positioned to capitalize on the evolving retail landscape and growing demand for sustainable business practices. The company's commitment to making a significant economic, social, and environmental impact presents an appealing opportunity for potential investors seeking to support innovative, sustainable ventures within the e-commerce and marketing industries.
