Davis California based Engage3 is raising $35,000,000.00 in New Equity Investment.
Davis, CA – According to filings with the U.S. Securities and Exchange Commission, Engage3 is raising $35,000,000.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, Robert Andrews played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Engage3
Engage3 provides the industrys most complete view of competitive pricing and optimizes your Price Image so you can profitably grow revenue and drive trips. We help retailers and brands enhance their pricing performance through data science and analytics. We work with grocery, drug, pet, mass, sporting goods, and e-commerce retailers across the US and Canada to provide localized competitive intelligence, understand their competitors pricing & assortment strategies, and execute more thoughtful pricing strategies through a combination of big data, predictive analytics, and SaaS solutions. We have been on Inc. Magazines Top 5000 fastest growing private companies in the US for the fourth year in a row in 2020. This recognition comes on the heels of our $12 million Series B financing from retail technology focused venture capitalists. Our Founders are serial entrepreneurs – their first company, KhiMetrics, is credited with creating the retail price optimization industry and was ultimately acquired by SAP in 2006. Now were targeting a larger opportunity. We’ve grown our team by over 50% in the last year and have been focused on bringing on passionate & smart teammates who take pride in their work and are looking to make a difference.
To learn more about Engage3, visit http://www.engage3.com/
Contact:
Robert Andrews, Chief Financial Officer
480-624-2820
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