Hakio
Year2024
RoundSeed
Amount$4M
Overall
Summary
9 slides
9 slides
1 slide
Eliminating global waste
1 slide
Poor demand forecasting leads to €1.1 trillion in wasted resources yearly due to overproduction, lost sales, and inefficiencies, especially in the fashion industry.
3 slides
Hakio helps companies stock the right quantities at the right times, leveraging machine learning to improve forecasting accuracy and eliminate manual, non-value-adding work.
1 slide
Our ensemble model approach tailors highly customized and advanced predictions for each customer, using a library of models weighted through out-of-sample analysis.
1 slide
An enterprise customer using Hakio saw a €101m reduction in working capital and improved forecast accuracy with a significant reduction in mean absolute percentage error.
2 slides
We are targeting the fashion industry, with a huge potential market spanning the United States, Europe, and globally, focusing initially on medium to large companies in Denmark in 2024 and expanding internationally in 2025.
