MAGPIE
AI-powered inventory and sales management platform for collectibles.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor investor investor | €0.0 | round | |
N/A | Seed | ||
| Total Funding | 000k | ||
Magpie provides an AI-powered inventory and sales management platform tailored for collectible sellers. The company's primary service automates inventory and sales workflows, enabling dealers of items like trading cards, comic books, and memorabilia to manage their stock across multiple e-commerce platforms efficiently. Key features include using AI to generate product descriptions, image recognition for item identification, and advanced analytics to track sales performance. The platform integrates with major marketplaces and point-of-sale systems such as Shopify, Square, and eBay, ensuring that when an item is sold on one channel, it is automatically removed from others to prevent double-selling.
The company was founded by Kathryn Harrison, who serves as the CEO. Her professional background includes roles in equity research for hedge funds and experience at IBM in the blockchain sector. The inspiration for Magpie stemmed from recognizing the inefficiencies and challenges in the collectibles market, such as manual data entry, inconsistent pricing, and the difficulty of verifying provenance. The platform aims to solve these issues by providing a centralized system that uses technology to streamline operations for dealers, helping them save time and make better-informed decisions.
Formerly known as FixFake, Magpie operates as a SaaS business, offering various software plans for different business sizes. The company is headquartered in New York and is backed by venture capital, having gone through several accelerator and incubator funding rounds since 2020.
Keywords: collectibles inventory management, AI sales platform, Kathryn Harrison, trading cards software, memorabilia e-commerce, multi-channel sales, automated inventory, collectibles data analytics, SaaS for dealers, e-commerce automation, provenance tracking, digital collectibles, financial software, FinTech for collectibles, inventory management SaaS, FixFake, collectibles business software, image recognition collectibles, retail tech, sales analytics