Impact Analytics Secures $40M in Growth Funding to Enhance AI-Driven Retail and Supply Chain Solutions.
Impact Analytics provides cutting-edge AI software solutions to retail and supply chain industries.
Company Name: Impact Analytics
Location: Linthicum Heights, MD
Sector: Retail and Supply Chain AI Software
Funding Details: Raised $40M in Growth funding, led by Sageview Capital with participation from Vistara Growth. Jeff Klemens and Prashanth Palakurthi from Sageview Capital will join the board of directors.
Purpose of Investment: To expand sales, marketing, and customer service, enhance the AI technology platform, deepen strategic partnerships, and strengthen the balance sheet for future growth.
Leadership: Founder and CEO Prashant Agrawal
Product: A suite of native AI-powered planning and merchandising products for retail, grocery, CPG, and supply chain sectors. Impact Analytics™ offers solutions for demand forecasting, pricing optimization, assortment, inventory management, and financial planning.
About: Impact Analytics provides cutting-edge AI software solutions to retail and supply chain industries. Their SaaS solutions enable data-driven decision-making, driving profitable growth for clients.
2023 Highlights:
- Recognized as America’s Fastest-Growing Company by The Financial Times for the fourth year.
- Ranked in the top 100 of America’s Most Innovative Companies by Fortune.
- Formed three partnerships with Google Cloud, including product availability on its Marketplace.
- Voted #1 Targeted Solution Vendor in the 2024 RIS Software LeaderBoard report by 300+ worldwide retailers.
- Expanding market presence in EMEA, APAC, and LATAM.