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Intelo.ai closes a $2M funding round led by Illuminate Ventures to enhance its Collaborative Intelligence platform for retail.

PRIVATEOct 15, 2025•8 months ago

Amount Raised

$2 Million

Round Type

seed

New YorkSoftwareArtificial IntelligenceRetailSaasAnalyticsMachine Learning

Investors

Illuminate Ventures

Description

Intelo.ai, a NYC-based company building the future of retail through its Collaborative Intelligence platform, closed a $2M financing round. The company intends to use the capital to accelerate the development and deployment of its platform for merchandising and planning. This funding will be used to expand the product and engineering teams and accelerate the company’s go-to-market strategy.

Company Information

Company

Intelo.ai

Location

New York, New York, United States

About

Intelo.ai is a NYC-based company building the future of retail through its Collaborative Intelligence platform. The company is pioneering the use of specialized AI agents that work alongside retail teams, enhancing their skills for better forecasting, assortment planning, and inventory management. Intelo.ai aims to unify data and empower collaboration between humans and AI to optimize retail operations.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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