Engage3 Raises $35M In Series D Growth Funding Led By Arrowroot
12/02/21, 12:00 AM
Location
davis
Money raised
$35 million
Industry
data and analytics
software
Round Type
series d
Growth investment reflects strong market demand as company doubles customer count, launches new products, executes global expansion strategy, and increases valuation by 4x in 2021
Company Info
Location
davis, iowa, united states
Additional Info
Engage3 was founded by the creators of KhiMetrics (acquired by SAP), who are credited with inventing the retail price optimization space. Engage3's leadership team is composed of former KhiMetrics, SAP, Revionics, dunnhumby, KSS Retail, IBM/DemandTec and Nielsen executives.
Engage3's Competitive Intelligence Management (CIM) is an AI-assisted, attribute-based, and data science-driven solution that provides accurate, granular competitive data (30 billion product pricing records collected annually in the U.S. and Canada) and like-item-linking visibility. CIM helps retailers reverse-engineer their competitors’ pricing and assortment strategies across channels, markets, and items. Price Image Management (PIM) is a next generation pricing solution that defines the impact of strategic pricing alternatives and unlocks pricing recommendations based on a retailer’s objectives for Price Image, sales, and profitability. Engage3’s Price Image management solutions help retailers understand and manage their Price Image and align it with their sales and profitability objectives using predictive modeling. Learn more at http://www.engage3.com.