Highstock Raises $5.5M to Help Brands Connect Their Unsold Inventory with Wholesale Buyers Who Need It
Highstock is a New York, and Gurgaon, India-based inventory management startup that gives brands more opportunities to find a home for unsold inventory.
Crossborder inventory management platform Highstock, which enable brands to move unsold inventory to wholesale buyers, has raised $5.5 million in Seed Funding. It is hard for brands to move unsold stock due to the potential brand harm this may cause in local markets; cross-border offers access to platforms that can move this inventory without impacting brand equity. This leads to revenue creation without having unsold inventory ending in landfills. It will be interesting to see how Highstock grows in the current climate.
