‘Built for Retailers by Retailers’: Profitmind Raises $9 Million to Scale AI Decision Making

A longtime retail operator-turned-tech CEO is betting that agentic AI can replace spreadsheet-heavy planning by turning market data into weekly, profit-linked merchandising decisions.
“Built for retailers by retailers,” touts CEO and co-founder Dr. Mark Chrystal, regarding agentic AI-powered retail decision intelligence platform Profitmind which has raised $9 million in a Series A financing round led by Accenture Ventures.
The funding will be used to scale the platform to more retailers globally, expand its product capabilities and hire additional staff.

Learn how enterprise retailers use AI-powered assortment analysis to make faster, more profitable buying decisions across thousands of SKUs and categories.

Virtual try-on targets an $850B returns problem, M&S deploys AI to 11,000 staff, and the industry stops celebrating engagement metrics and starts demanding margin.

Why product matching software is the data foundation enterprise retailers need before competitive pricing intelligence, assortment analysis, or AI can work reliably.