Netail Closes $5M Seed round

Platforms
Written By Rick Watson

Netail's new AI technology enables retailers to auto-identify competitors across the internet and track their assortments, availability and pricing in real-time.

Price discovery is an important capability for any retailer or brand so there could be a market here.  Most existing solutions in the market start by you identifying a list of your competition.  Netail claims to automatically discover your competition likely using keywords aggregating social media and other signals.

PR Newswire: Magarac Venture Partners Leads Funding Round for New Retail Startup, Netail

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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