Jungle Scout (company)
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Jungle Scout is an American company providing
SaaS Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is cons ...
-based tool for search and market analytics,
inventory management Field inventory management commonly known as inventory management is the function of understanding the stock mix of a company and the different demands on that stock. The demands are influenced by both external and internal factors and are balan ...
and sales intelligence for companies selling on
online marketplaces An online marketplace (or online e-commerce marketplace) is a type of e-commerce website where product or service information is provided by multiple third parties. Online marketplaces are the primary type of multichannel ecommerce and can be a way ...
.


Overview

Jungle Scout was started as a fully remote company in 2015 by Greg Mercer. The company initially sold optimizing search tools to sellers solely on Amazon. Jungle Scout advertises management of e-commerce businesses. The company was recognized as the ''Best Startup Employers'' in 2021 by
Forbes magazine ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also repo ...
. The company settled with its headquarters in
Austin, Texas Austin is the capital city of the U.S. state of Texas, as well as the county seat, seat and largest city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and Williamson County, Texas, Williamson co ...
in 2018 and has offices in
Vancouver, British Columbia Vancouver ( ) is a major city in western Canada, located in the Lower Mainland region of British Columbia. As the List of cities in British Columbia, most populous city in the province, the 2021 Canadian census recorded 662,248 people in the ...
, and
Shenzhen, China Shenzhen (; ; ; ), also historically known as Sham Chun, is a major Sub-provincial division, sub-provincial city and one of the Special economic zones of China, special economic zones of China. The city is located on the east bank of the Pea ...
.


Funding and acquisitions

Jungle Scout acquired Forecastly, a predictive analytics and demand forecasting tool for Amazon sellers, in 2018. In March 2021, Jungle Scout raised $110 million in growth capital led by Summit Partners, part of which was used to acquire Seattle-based Downstream Impact, a company specializing in Amazon advertising technology.


Technology

Jungle Scout processes data from more than 500 million Amazon products. Its database tracks products from the Amazon catalog and the sales history of a product. The company also conducts research to provide insights on Amazon sellers, user buying preferences and behavior, global imports, and other merchandise. Jungle Scout is an invaluable tool for anyone looking to start or grow an ecommerce business. This powerful software unlocks all the benefits of researching, launching and scaling a successful online store. With Jungle Scout you can quickly and easily assess market demand, identify valuable keywords, locate profitable suppliers, track competitors' pricing strategies and much more. By leveraging Jungle Scout's extensive feature set, businesses of any size can access the resources needed to succeed in this rapidly changing digital landscape.


References

{{reflist Business intelligence companies Companies based in Austin, Texas