Toolio

Toolio is a cloud-based platform that specializes in merchandising and inventory planning for retailers. Founded in 2019 by Eytan Daniyalzade and Berk Atikoglu, the company aims to enhance the efficiency of inventory management through a data-driven approach. Toolios tools focus on demand forecasting, inventory allocation, real-time insights, and remote collaboration, helping retailers optimize their operations. The founders have a strong background in retail technology, having previously developed the fashion app Stylr, which was acquired by Walmart Labs. Toolio is headquartered in New York City, with additional offices in Istanbul, and serves the retail sector in the US and UK. The company has raised a total of 10.3 million in funding, with significant backing from investors including Jump Capital and Founder Collective. Toolios mission is to simplify retailing by leveraging modern technology and a dedicated team of industry experts.