Retail SaaS firm Impact Analytics raises $40 million led by Sageview Capital

With the latest fundraise, Sageview Capital partner Jeff Klemens and senior advisor Prashanth Palakurthi have joined the company’s board of directors, Impact Analytics said in a statement.

ETtech
Maryland and Bengaluru-based Impact Analytics, a retail-focussed software-as-a-service (SaaS) retail startup, has raised $40 million in growth financing led by Sageview Capital. Vistara Growth also participated in the round.

The homegrown-company which offers retail-, grocery-, CPG-, and supply chain-focused planning and merchandising software suites, also counts Aarin Capital and Argentum Group among its investors.

With the latest fundraise, Sageview Capital partner Jeff Klemens and senior advisor Prashanth Palakurthi have joined the company’s board of directors, Impact Analytics said in a statement.


The company will use the latest capital infusion to expand its Bengaluru-based team and expand its sales, marketing, and customer service organisations across geographies, among other priorities.

Founded in 2015, it services global brands and retailers to optimise and automate decisions across such areas as demand forecasting, pricing, promotions, assortment and inventory management.

“Sageview Capital partners with proven companies that leverage disruptive technologies and that have an intimate understanding of their customers’ business challenges and objectives. Impact Analytics clearly excels in all these regards as a pioneer in their space and we look forward to a fruitful and exciting partnership,” Klemens said.
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“This funding round could not have come at a more propitious moment. We could not have imagined better partners than Sageview and Vistara, and adding Palakurthi and Klemens is especially satisfying as they have both been there, done that,” Impact Analytics founder and CEO Prashant Agrawal said.
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Business News › Tech › Funding › Retail SaaS firm Impact Analytics raises $40 million led by Sageview Capital
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