Impact Analytics Raises $11M led by Argentum to Accelerate Growth
Provides AI-driven Solutions that Optimize Merchandising for the Retail Industry
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BALTIMORE, Md., Feb. 23, 2021 /PRNewswire/ Impact Analytics, Inc. ( Impact or the Company ), a leading provider of AI-driven SaaS solutions for planning & merchandising within the retail industry, announced today that it has closed an $11 million growth financing led by Argentum Capital Partners IV, L.P. In connection with the financing, Walter H. Barandiarán, Managing Partner at Argentum, has joined Impact s Board of Directors.
Impact s industry-leading, next-generation AI-driven technology platform powers SaaS solutions aimed at optimizing the forecasting, planning and merchandising functions for retailers and consumer packaged goods ( CPG ) manufacturers. As the industry currently relies on spreadsheets and legacy manual systems for these key decisions, retailers have