About FAVES

The startup offers an order management and purchase planning platform tailored for wholesale fashion and home decor buyers, enabling users to organize and optimize purchases across multiple categories and vendors. Its application captures product details, tracks budgets and deliveries, and integrates with webshops, streamlining the buying process for multi-brand fashion stores.

```xml <problem> Wholesale fashion and home decor buyers often struggle with disorganized purchasing processes, leading to overbuying, missed deliveries, and difficulty tracking budgets across multiple vendors and categories. Managing inventory and financial data manually is time-consuming and prone to errors, hindering efficient decision-making. </problem> <solution> FAVES provides a mobile-first order management and purchase planning platform designed to streamline the buying process for wholesale fashion, apparel, and home decor retailers. The application enables users to capture product details, track budgets, and manage deliveries from various vendors in one centralized location. By providing a visual overview of orders, FAVES helps buyers avoid duplicate purchases and stay within budget. The platform also facilitates team collaboration and offers integrations with popular wholesale platforms and Shopify, simplifying online order imports and product uploads. </solution> <features> - Mobile app for capturing product images and details at markets and showrooms - Tag scanner for quick capture of product information like style number, price, and color - Automated expense tracking and budgeting tools for monitoring spending across categories and vendors - Integration with NuOrder, JOOR, Faire, FashionGo, Z-Supply, and Hubventory for importing online orders - Shopify integration for direct product uploads with photos, pricing, and descriptions - Real-time collaboration features for buying teams to share purchase decisions and insights - Customizable departments, categories, and brands for personalized organization - Export functionality to Excel for reporting and analysis - Order book creation for sharing product collections with teams and vendors </features> <target_audience> The primary target audience includes wholesale fashion, apparel, home interior, and decor buyers, planners, and merchandisers working in multi-brand stores and boutiques. </target_audience> <revenue_model> FAVES offers tiered subscription plans, including Starter, Growth, and Premium, with pricing varying based on the number of users and features included, such as Shopify integration and computer access, with the Growth plan starting at $89 per month billed annually. </revenue_model> ```

What does FAVES do?

Where is FAVES located?

FAVES is based in Palo Alto, United States.

When was FAVES founded?

FAVES was founded in 2017.

How much funding has FAVES raised?

FAVES has raised 220000.

Location

Palo Alto, United States

Founded

2017

Funding

220000

Employees

7 employees

Major Investors

LAUNCH

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FAVES

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Executive Summary

thefavesapp.com 100+

Crunchbase

Founded 2017 – Palo Alto, United States

Funding

Estimated Funding

$100K+

Major Investors

LAUNCH

Team (5+)

No team information available.

Company Description

Problem

Wholesale fashion and home decor buyers often struggle with disorganized purchasing processes, leading to overbuying, missed deliveries, and difficulty tracking budgets across multiple vendors and categories. Managing inventory and financial data manually is time-consuming and prone to errors, hindering efficient decision-making.

Solution

FAVES provides a mobile-first order management and purchase planning platform designed to streamline the buying process for wholesale fashion, apparel, and home decor retailers. The application enables users to capture product details, track budgets, and manage deliveries from various vendors in one centralized location. By providing a visual overview of orders, FAVES helps buyers avoid duplicate purchases and stay within budget. The platform also facilitates team collaboration and offers integrations with popular wholesale platforms and Shopify, simplifying online order imports and product uploads.

Features

Mobile app for capturing product images and details at markets and showrooms

Tag scanner for quick capture of product information like style number, price, and color

Automated expense tracking and budgeting tools for monitoring spending across categories and vendors

Integration with NuOrder, JOOR, Faire, FashionGo, Z-Supply, and Hubventory for importing online orders

Shopify integration for direct product uploads with photos, pricing, and descriptions

Real-time collaboration features for buying teams to share purchase decisions and insights

Customizable departments, categories, and brands for personalized organization

Export functionality to Excel for reporting and analysis

Order book creation for sharing product collections with teams and vendors

Target Audience

The primary target audience includes wholesale fashion, apparel, home interior, and decor buyers, planners, and merchandisers working in multi-brand stores and boutiques.

Revenue Model

FAVES offers tiered subscription plans, including Starter, Growth, and Premium, with pricing varying based on the number of users and features included, such as Shopify integration and computer access, with the Growth plan starting at $89 per month billed annually.