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8fig raises $40m in Series B funding

Austin and Israel based company which offers tools and financing to online retailers for supply chain management raised $40m in Series B funding led by Koch Disruptive Technologies. 

“In these turbulent times, technology can help e-commerce businesses with their planning, so you will see a lot of effort on that from us. Helping our clients with only AI CFO is good, but not perfect. If we’re able to help them in their marketing and logistics, this can be super important. We are going to invest in these areas in order to help our clients to do great work themselves and to be successful in the next year and the next two years, which is the future that we are looking at.”

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