• UAE-based retail SaaS provider Retailhub has raised an investment from Angelspark for an undisclosed amount.
• Founded in 2022 by Daniel Alimov and Roman Tikhonov, Retailhub is a platform that automatically updates stocks from POS to aggregators, getting all the orders into one application.
• This latest investment will enable Retailhub to further expand its platform capabilities, strengthen its partnerships, and scale its operations within the UAE and beyond.

Press release:

Angelspark has announced its latest investment in Retailhub, a UAE-based SaaS platform that leverages AI-powered shelf analytics to transform grocery retail operations. Founded in 2022 by Daniel Alimov and Roman Tikhonov, Retailhub is headquartered in the United Arab Emirates and is rapidly emerging as a key player in retail technology.

Retailhub provides advanced inventory management solutions that empower grocery retailers to optimise their operations. By partnering with retailers, CPG companies, and aggregators, the company helps improve critical operational metrics such as on-shelf availability, out-of-stock rates, and average basket size, while also addressing the pressing issue of food waste reduction.

Through its AI-driven technology, Retailhub enables businesses to gain real-time insights into shelf performance, ensuring better stock management and a superior shopping experience for customers.

This latest investment will enable Retailhub to further expand its platform capabilities, strengthen its partnerships, and scale its operations within the UAE and beyond as it continues to reshape how grocery retail functions in an increasingly tech-driven marketplace.

Retailhub’s mission to enhance efficiency, reduce waste, and improve customer satisfaction highlights its role as a pioneering solution for the retail industry in the MENA region.