New York, United States
RocketCloud is a transformative player in the e-commerce and industrial supply chain sectors, leveraging advanced machine learning to innovate and streamline industry operations. Founded in 2017, the company is headquartered in the United States and positions itself as a pivotal leader in accessing and optimizing a massive $300 billion supply chain data market.
By facilitating online sales of everyday SKUs, overstock, and damaged inventory, RocketCloud empowers large-scale industrial suppliers—boasting revenue over $100 million—to achieve net margins averaging 15% without additional overhead. This capability is crucial in industries like HVAC, Electrical, Plumbing, and Janitorial, which hold vast underutilized assets.
The company's proprietary database captures replenishment and sales data, driving machine learning-based time series analysis. This innovation enhances inventory management by optimizing the buy box and reducing stockouts.
Recent financial backing includes a $100.00K grant from Ben Franklin Technology Partners of Northeastern Pennsylvania on 22 June 2020, underscoring investor confidence in RocketCloud's growth trajectory.
