Moselle Raises $2.1M CAD in Seed Funding to Make Automated Inventory Management Accessible for All Brands

We're proud to announce that this round was led by a global group of investors from Canada, the United States, and the United Kingdom.

SMBs like yours make up the vast majority of the CPG market — many of which are bootstrapped. For these brands, maintaining optimal inventory levels is a means of survival.

A 2023 study by IHL Group projects that brands will lose $1.77 trillion in accumulative inventory distortion, disproportionately impacting the market's smaller, fast-growing brands. Yet, almost all the leading inventory management solutions cater to enterprise companies — leaving SMBs with the impossible choice of overpaying for an enterprise-grade IMS or manually managing inventory in spreadsheets.

Thankfully, there's now another option. Moselle is working tirelessly to fill this market gap and provide small- and mid-sized merchants with an AI-powered inventory solution that supercharges growth.

Today, I'm proud to announce that Moselle has secured $2.1M in seed funding to fuel its mission of uplifting growing consumer brands by streamlining their inventory operations.

This round was led by world-class venture capital firms AQC Capital and MaRS Investment Accelerator Fund, with participation from True, Rebellion Ventures, Highline Beta, Top Knot Ventures, and Singh Capital.

What's next?

We know streamlining and automating inventory operations is no easy task. But we'd like to invite you to a future where Moselle helps brands of all sizes increase their margins, reduce overhead costs, and accurately predict demand — all without breaking the bank.

Here's how we plan to make this happen now that we've raised our seed round:

• Buy back your team's time with automation — Everything we build from now on aims to take manual work off customers' plates by democratizing AI technology so all brands can automate and accelerate inventory planning.
• Launch new features and functions faster — In the coming months, we plan to automate how you forecast demand and add collaboration features that turn inventory management into a team sport.
• Give your brand more inventory control — For instance, we're actively exploring ways to optimize your cash flow and help you secure financing. That way, you can take advantage of growth opportunities as they come along.

And because we believe actions speak louder than words, we've already launched a new automated inventory forecasting, production planning, and purchasing suite that empowers our customers to manage inventory more efficiently.

Over the last 18 months, Moselle merchants — including Fable, AeroPress, and Sahajan — have already purchased $50M+ in inventory value, saving thousands of dollars and up to 100 hours per month.

It's all thanks to you

Thank you to our merchants, investors, and everyone else who has supported us these past few years. We wouldn't be here today without you.

Here's to a future where every brand can access an inventory solution that strikes the perfect balance and supercharges growth.

This one's for you!

Lakhveer Jajj, Founder and CEO @ Moselle