Hivery

Surry Hills,  NSW 
Australia
https://www.hivery.com

• Booth: 8010

 Press Releases

• HIVERY appoints Ian Goodwin, former Nike, Staples, and Fabric product executive, as Chief Product Officer (Nov 23, 2022)

  Sydney, NSW, Australia— Nov 10, 2022 - HIVERY has appointed Ian Goodwin as its new Chief Product Officer, continuing the company’s growing momentum as a pioneer of next-generation hyper-local retail assortment strategy simulation & optimization solutions.

  As part of HIVERY’s executive leadership team, Mr. Goodwin will help accelerate HIVERY’s product innovation and delivery to more global customers.

  “Ian is an exceptional product leader, and we’re excited to have him join during this critical period of growth. He will play a critical role as we continue to connect the dots between what our customers seek to do today — generate superior assortment and space strategies and plans — and our product vision to fundamentally change the way assortment and space decisions are made between brands and retailers,” said HIVERY’s CEO Jason Hosking.

  “Ian was ultimately appointed due to his winning combination of product leadership, data science expertise, and his genuine focus on building winning cultures: all vital elements for the next chapter of HIVERY's success.”

  Ian has spent more than the last decade working for some of the biggest names in commerce and technology.

  At Staples, Ian led product management for their mobile e-commerce experiences, innovation teams, and most notably, the Staples Easy Button. At Nike, Ian led their Advanced Analytics and Machine Learning teams, where his teams were responsible for E-commerce and Marketing Personalization across all Nike Digital experiences and product innovation work streams throughout the company. Most recently, Ian has been leading product management at a unicorn startup, Fabric, helping to deliver world-class commerce infrastructure for industry-leading brands.

  “I joined HIVERY because they are a world-class team, helping to solve highly complex problems with innovative solutions for the world’s largest retail brands,” says Ian Goodwin.

  “The challenge to build products that address both product assortment AND space, leveraging store-level data and constraints, is truly unique and untapped, and it’s one I’m excited to take on in my new role here at HIVERY.”

  The team is excited to have Ian Goodwin on board at HIVERY. His appointment will help to expand the impact that HIVERY is having on the retail industry.

  If you want more about HIVERY and its solutions, visit www.hivery.com.

  About HIVERY.

  HIVERY is a pioneer of next-generation hyper-local retail assortment strategy simulation & optimization solutions. These proprietary machine learning and applied mathematics algorithms were co-developed with Australia's national science agency - CSIRO's Data61. HIVERY was founded on the vision that Data Has A Better Idea™ - and we’re working with our clients to uncover its full potential.

• Top 100 Tech Retail Start-Up, HIVERY, named NSW Exporter of the Year 2022 (Nov 23, 2022)

  Sydney, NSW, Australia— November 24, 2022 — HIVERY, a leader in innovative AI-driven retail assortment strategy simulation & optimization solutions, was announced as a winner of the 2022 Premier’s NSW Exporter of the Year in recognition of its innovative retail software that now has clients worldwide.

  HIVERY also was the 2022 category winner for Advanced Technologies. This news comes just months after CB Insights named HIVERY in their world Retail Tech 100 rankings and their Series B investment round from Tiger Global.

  The Premier’s NSW Export Awards is an annual program that acknowledges the achievements, hard work, and commitment of Australian companies engaged in international business. This award recognizes exporters' important contribution to Australia’s economy by strengthening the workforce and boosting prosperity for the community and the state.

  “Congratulations to AI company HIVERY,” said Dianne Tipping – the Chair of the Export Council of Australia.

  “As a pioneer of next-generation assortment strategy simulation & optimization technologies, HIVERY was awarded the ultimate NSW Export prize last evening at a gala event held at the majestic Sydney Town Hall. HIVERY has shown strength, commitment, and resilience in building their business strongly over the past three years in particular. They have taken on the challenges and built on their expertise in the AI technology field of retail assortment strategy simulation & optimization solutions for consumer-packaged goods (CPG) companies and retailers globally.”

  The Export Council of Australia congratulates HIVERY on their well-deserved success.”

  HIVERY finds itself amongst other prestigious and hard-working organizations in the Advanced Technology category that have not only thrived but innovated, too, despite all of the market turbulence over the last few years. We are proud to stand beside them.

  New South Wales Premier Dominic Perrottet said, “our local exporters are innovating, creating jobs, and cementing NSW as the nation’s strongest export economy as we strive to reach our target of $200 billion in export value by 2031. After launching in 2015, HIVERY has gone from strength to strength, expanding into the US, Europe, and Japanese markets, which has resulted in their export revenue skyrocketing by 300 percent since 2019.”

  Jason Hosking, CEO of HIVERY, said, “We are proud to be exporting home-grown Australian IP to the world. It is an honor to receive this recognition, and we are very thankful for the support we have received from our State and, indeed, at all levels of government. They have been true partners and given HIVERY the springboard to export worldwide. In North America alone, we have 20 of the top 25 Consumer Goods brands as customers, helping them deliver an average of 6% category growth in over 100 retail categories across major USA retailers.”

  The HIVERY team wishes to express gratitude to the panel of judges, the Export Council of Australia, Investment NSW, and all the finalists and winners.

  It is a huge privilege for HIVERY to be part of such a prestigious award and be distinguished as one of the top export businesses in our country.

  Using the world’s most advanced machine learning and operations research techniques, HIVERY ‘s goal is to empower global CPGs and retailers to make more informed decisions that will enhance customers’ shopping experiences, optimize shelf space utilization, maximize profits and help the industry reduce waste.

  Finally, HIVERY wishes to express gratitude to everyone who has helped them get this far. Here's to a better future we will keep on building together!

  If you want more about HIVERY and its solutions, visit www.hivery.com.

  About HIVERY.

  HIVERY is a pioneer of next-generation hyper-local retail assortment strategy simulation & optimization solutions for consumer-packaged goods (CPG) companies and retailers globally. These proprietary machine learning and applied mathematics algorithms were co-developed with Australia's national science agency - CSIRO's Data61. HIVERY was founded on the vision that Data Has A Better Idea™ - and we’re working with our clients to uncover its full potential.

  For more information, press only: 

  HQ Address: HIVERY, Level 2,15, Foster St, Surry Hills, NSW 2010, Australia,
  Email ID: franki@hivery.com

• HIVERY, a pioneer of AI-driven retail strategy simulation & optimization solutions, announces a US$30M investment led by Tiger Global (Nov 23, 2022)

  HIVERY, a leader in innovative AI-driven retail assortment strategy simulation & optimization solutions, today announced that the company had received an investment of US$30 million led by Tiger Global, a New York-based investment firm. Existing investors Blackbird Ventures, AS1 Partners, and OneVentures also participated. The Series B round is part of HIVERY’s expansion strategy, which looks to accelerate key hires and product development to support customer demand and international expansion beyond the US.

  The financing will fund HIVERY’s continual global expansion through further investment in building world-class AI products for the Retail Industry.

  "This new round, which includes new and existing investors, is a validation of our achievements to date and the strength of our vision,” said Jason Hosking, CEO & Co-founder of HIVERY. “This comes just months after CB Insights named us in their world Retail Tech 100 rankings. We are excited to have Tiger Global as part of our investor team. Our investors share our vision to bring AI-driven assortment & optimization solutions to the global retail industry."

  HIVERY Curate, HIVERY’s flagship product, has had a period of impressive growth, boasting 20 of the top 25 global Consumer Package (CPG) Brands as customers who are now applying Curate at the largest retailers in the world.  HIVERY’s solutions allow customers to leverage Machine Learning and Operations Research methods in a simple user interface and unlock significant revenue growth.

  “HIVERY’s AI-driven optimization strategies are creating a much more effective way for retailers and suppliers to collaborate,” said Griffin Schroeder, Partner, Tiger Global. 

  “We live by our philosophy of investing in generational companies, and we are excited to continue to support HIVERY’s rapid growth with this follow-on investment” added Niki Scevak, Partner, Blackbird Ventures.

  The technology engine that underpins HIVERY Curate utilizes cutting-edge research in retail assortment and space design.  HIVERY Curate is the world's most scientifically advanced retail assortment & space simulation tool available on the market today, generating superior results for CPG manufacturers and retailers

  HIVERY is rapidly hiring and looking to add people passionate about innovation and the future of retail.  Visit HIVERY.com/careers to learn more.

  About HIVERY.

  HIVERY is a pioneer of next-generation hyper-local retail assortment strategy simulation & optimization solutions for consumer-packaged goods (CPG) companies and retailers. These proprietary machine learning and applied mathematics algorithms were co-developed with Australia's national science agency - CSIRO's Data61. HIVERY was founded on the vision that Data Has A Better Idea™ - and we’re working together with our clients to uncover its full potential.

• HIVERY Named to the 2022 CB Insights Retail Tech 100 List of Most Innovative Retail Startups (Nov 23, 2022)

  HIVERY recognized for achievements in Merchandise Planning & Inventory Management

  NEW YORK, March 15, 2022 -- CB Insights named HIVERY to its Retail Tech 100 ranking, which showcases the 100 most promising B2B retail tech companies in the world. 

  The 2022 Retail Tech 100 cohort highlights startups reimagining the retail experience across 13 categories. This year’s winning companies are working on hyper-personalized shopping, blockchain-powered commerce, autonomous delivery, virtual shopping, and more. 19 countries are represented this year, including India, China, Mexico, Singapore, and the Netherlands, among others. 

  

  “By almost any measure, this has been a breakout year for retail tech. We’ve seen skyrocketing funding across the industry, powering companies involved in every aspect of retail from instant grocery delivery to supply chain technology,” said Brian Lee, SVP of CB Insights’ Intelligence Unit. “In 2021 alone, these 100 companies raised $13.1B in funding, an incredibly impressive feat. As the retail landscape evolves, we’re excited to see how the companies on the Retail Tech 100 continue to revolutionize how consumers shop.” 

  “At HIVERY, our philosophy has always been that 'Data has a better idea™'. Being named one of the world's top 100 Retail Tech just validates that what we are doing with data is truly unique. We are solving something that was once believed humanly unsolvable. Whenever CPG brands and retailers talk about assortment and space, we are in the middle.  We work with 20 of the top 25 CPG manufacturers in the world and have delivered over $2B in incremental revenue for our clients” -  Jason Hosking CEO, HIVERY.  

  Through an evidence-based approach, the CB Insights research team selected the Retail Tech 100 from a pool of over 7,000 companies, including applicants and nominees. The selection was based on factors including patent activity, business relations, investor profiles, news sentiment analysis, proprietary Mosaic Scores, market potential, competitive landscape, team strength, and tech novelty. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies to help predict a company’s momentum.
   

  HIVERY is fundamentally changing the way consumer packaged goods (CPG) companies and retailers collaborate with regard to merchandise and space decisions. HIVERY Curate leverages proprietary machine learning and applied mathematics algorithms that have been developed and acquired from Australia's national science agency - CSIRO's Data61. This allows customers to make rapid assortment strategy simulations around SKU rationalization, SKU introduction, and space allocation while considering category goals, merchandising rules, and demand transference - a process that takes months is reduced to minutes.

  Quick facts on the 2022 Retail Tech 100:

  • Funding trends: In 2021, these 100 private companies raised $13.1B in equity funding across 109 deals, triple the amount they raised in 2020. So far in 2022, they have raised $2.3B across 15 deals (as of 3/8/22).
  • Future market leaders: Nearly two-thirds of the companies on the list are early- or mid-stage companies. There are 20 early-stage companies (seed/angel and Series A) and 43 mid-stage firms (Series B or Series C) in this year’s cohort.
  • Unicorns: 36 of the 100 companies (36%) are valued at or above $1B as of their latest funding rounds.
  • Top investors: Salesforce Ventures is the most active investor in this year’s Retail Tech 100 companies, with investments in 10 companies across 19 deals since 2017. Tiger Global Management and Insight Partners, which have both invested in 9 companies on the list, are tied for second.
  • Global reach: 40% of the 2022 Retail Tech 100 is based outside the US. After the US, the UK and India follow with 6 companies each. Overall, this year’s winners span 19 countries, including Singapore, Australia, China, and the Netherlands.

  About CB Insights

  At CB Insights, we believe the most complex strategic business questions are best answered with facts.  We are a machine intelligence company that synthesizes, analyzes, and visualizes millions of documents to give our clients fast, fact-based insights. Serving the majority of the Fortune 100, we give companies the power to make better decisions, take control of their own future, and capitalize on change.

  Contact: Media@cbinsights.com 

  About HIVERY
  HIVERY is a pioneer of next-generation assortment strategy simulation & optimization technologies for consumer packaged goods (CPG) companies and retailers globally. These proprietary machine learning and applied mathematics algorithms were co-developed and acquired from Australia's national science agency - CSIRO's Data61. HIVERY was founded on the vision that Data Has A Better IdeaTM - and we’re working with our clients to uncover its full potential.

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