Berlin-based AI-powered retail optimization technology startup 7Learnings has secured over €10 million in Series B funding to scale its solutions, with a strong focus on expanding into North America. The funding round was led by Acton Capital, known for backing successful companies like Etsy and mytheresa, with continued support from High-Tech Gründerfonds (HTGF).
Funding Details and Company Background
7Learnings, founded in Berlin in 2019, has built a profitable business by delivering measurable results for its customers through its AI-powered retail optimization technology. The company’s CEO and Co-Founder, Felix Hoffmann, stated that amid trade uncertainties, inflation, and supply chain challenges, better decision intelligence is now business-critical. This investment will enable 7Learnings to bring its technology to more retailers worldwide, especially in North America.
Client Success and Investment Rationale
One of 7Learnings’ clients, fashion retailer meinemarkenmode.de, has reported a 13% revenue increase thanks to the company’s predictive pricing capabilities. Sebastian Wossagk, Managing Partner at Acton Capital, noted that pricing is one of the most powerful levers in e-commerce profitability and expressed excitement about supporting 7Learnings as they expand internationally with their state-of-the-art proprietary AI technology. Martin Möllmann, Principal at HTGF, highlighted that 7Learnings stands out for delivering clear ROI and bottom-line impact through its AI technology.
Industry Context and Future Plans
The investment comes at a time when AI is increasingly becoming embedded in retail business processes. 7Learnings’ technology is helping retailers adapt to challenges such as inflation and shifting consumer behavior. With the support of its investors, the company is poised to make significant strides in the retail technology sector, particularly in North America.
