Impact Analytics, a Linthicum Heights, MD-based provider of retail, grocery, CPG and supply chain-focused planning and merchandising software built with native AI, raised $40M in Growth funding.

The round was led by Sageview Capital with participation from Vistara Growth. As part of this transaction, Jeff Klemens, Partner at Sageview Capital, and Prashanth Palakurthi, Senior Advisor at Sageview Capital and founder and former CEO of Reflexis Systems, will join the company’s board of directors. In addition to Sageview’s and Vistara’s support, Palakurthi will be investing personally.

The company intends to use the funds to:

Led by Founder and CEO Prashant Agrawal, Impact Analytics™ offers retail-, grocery-, CPG-, and supply chain-focused suite of native AI-powered planning and merchandising products. A growing roster of top brands use its SaaS solutions to grow profitably through data-driven decision-making across full-lifecycle categories including demand forecasting, pricing optimization, assortment, inventory management, and financial planning.

Company highlights in 2023 included:

Fantastic news, Impact Analytics! 🚀 Huge congratulations on securing $40M in growth funding. Your dedication to driving impact through analytics is truly commendable. Wishing you continued success and innovation on this exciting journey. Well done, team!

~ Dr Shishir said Gupta founder & CEO of StartupLanes 

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