Sourcing Journal: Series A Announcement
‘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.
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