8fig provides a customizable funding platform powered by AI technology, specifically designed for eCommerce brands to create and adjust cash flow plans based on their unique supply chain needs. By offering equity-free capital and real-time funding adjustments, 8fig enables sellers to optimize inventory management and enhance profitability without the burden of credit checks or collateral.
Funding
$196.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
KDFounders
Product
Problem
eCommerce businesses face challenges in managing cash flow and securing funding to support inventory procurement and supply chain operations, especially when experiencing rapid growth or seasonal demand fluctuations. Traditional funding options often require equity, collateral, or credit checks, which can be restrictive or unsuitable for many online sellers.
Solution
8fig provides an AI-powered funding and planning platform tailored for eCommerce businesses, enabling them to optimize their supply chain and manage cash flow effectively. The platform allows sellers to create customizable growth plans, access equity-free capital, and make real-time adjustments to their funding schedules based on evolving business needs. By integrating with online stores and bank accounts, 8fig's AI CFO assesses cycle costs and provides precise funding for order batches, empowering sellers to make informed decisions regarding profitability, expenses, and inventory management. This approach helps eCommerce businesses maintain optimal stock levels, enhance profitability, and achieve sustainable growth without the constraints of traditional financing.
Target Audience
The primary target audience includes eCommerce businesses selling across various platforms, such as Shopify and Amazon, who require flexible funding and AI-driven tools to manage their supply chain, optimize inventory, and scale their operations.
Features
- AI-driven platform for creating and adjusting customizable eCommerce growth plans
- Equity-free capital funding for supply chain and inventory management
- Real-time funding adjustments to adapt to changing business needs
- Integration with online stores and bank accounts for seamless data analysis
- AI CFO tool for assessing cycle costs and optimizing order batch funding
- Sales forecasting to plan inventory with confidence
- Cash flow planner to master financial flow
- Restock planner to avoid running out of stock