Impact Analytics Raises $11M led by Argentum to Accelerate G

Impact Analytics Raises $11M led by Argentum to Accelerate Growth


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 an opportunity to increase sales and margins by utilizing Impact's solutions.

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