On average, multi-brand retailers fail to sell 30% of their inventory, resulting in a financial loss with a material impact to the business. Today, no effective solution exists; liquidation solutions generate pennies on the dollar and existing software solutions all cater to large brands.
Max Retail is solving the issue of excess inventory for SMB, multi-brand retailers with a platform that enables these businesses to efficiently sell excess inventory directly to end-consumers via its innovative zero-inventory technology platform. We're extremely excited to be investors in Max Retail and to work with their team, led by Melodie van der Baan, as they help multi-brand retailers maximize sales.
Learn more about the work Max Retail is doing in our blog post detailing the company and our investment: https://ipl.vc/bmr