Onebeat, a provider of AI-enabled inventory optimization solutions for retailers, named Sevonne Eliyahu its chief revenue officer. Her hire follows the company’s recent launch of an AI-driven tool designed for seasonal inventory management.
Last quarter, Onebeat reported growth of 270 percent in the North American market and increased its global client roster by 65 percent, which includes Crocs, American Eagle and Calvin Klein.
Eliyahu brings nearly two decades of growth strategy and executive experience at tech giants, including SimilarWeb and LivePerson. As the recent president of Gravyty, she played a pivotal role in integrating AI and innovative technology to enhance community engagement and fundraising efforts for educational institutions and nonprofits. Eliyahu serves as a growth partner at AnD Ventures, a firm specializing in taking seed-stage start-ups to market. She also promotes the advancement of women in high-tech as a volunteer mentor for Women in Tech Israel.
“Onebeat is perfectly positioned for accelerated growth, thanks to its foundation of deep industry knowledge, innovative AI technology and strong market presence,” said Eliyahu. “My goal is to harness this potential and drive significant revenue growth in the coming years, and make inroads toward an IPO that recognizes the singularity of Onebeat’s expertise, technology and ability to impact the entire retail sector positively. The retail sector notoriously suffers from razor-thin profit margins. Few, if any, technology providers have the efficacy to make a direct and meaningful impact on retailers’ margins in the way that Onebeat does.”
“We are thrilled to welcome Sevonne Eliyahu to our team,” said CEO Dr. Yishai Ashlag. “The U.S. retail-tech market is facing immense growth potential. Over 20,000 mid-size retailers alone are without the high-resolution inventory executive tools they need to break even, let alone advance. Ms. Eliyahu’s extensive experience will ensure that we effectively capitalize on this opportunity, setting the stage for a future public offering.”
Images courtesy Onebeat