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Strategic Investment from M33 Growth to Propel Clear Demand's Growth

Author

Slice of Retail Team
August 09, 2024

Key Highlights:

  • Clear Demand secures strategic investment from M33 Growth.

  • Investment to fuel innovation and extend AI pricing solutions.

  • Clear Demand's technology enhances revenue and profitability for retailers.

  • Alex Moorhead appointed as Executive Chairman.

  • View Partners Capital LLC acted as financial advisor.

Source (Business Wire)

Notable Quotes:

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"Clear Demand provides a differentiated and robust pricing platform that delivers significant ROI for its clients. We appreciate the strong foundation Jim and team have built and look forward to supporting their mission to empower retailers."

Gabe Ling, Managing Director and Founding Partner at M33 Growth
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"The investment from M33 Growth signifies a pivotal milestone for Clear Demand. It will enable us to enhance the value we can deliver to our clients and further solidify our position as the premier AI Price and Promotion Optimization solution."

James A. Sills, Ph.D., President and CEO at Clear Demand
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"Clear Demand has a unique combination of deep pricing expertise and strong technology acumen providing it with a great opportunity to support retailers as they evolve to meet the demands of a changing market."

Alex Moorhead, Executive Chairman at Clear Demand

Our Take:

The strategic investment by M33 Growth in Clear Demand is a significant development in the retail technology sector. Clear Demand's advanced AI-driven pricing and promotion optimization solutions are pivotal for retailers navigating the complexities of today's market. The infusion of capital from M33 Growth will undoubtedly bolster Clear Demand's innovation efforts, enhancing its ability to provide robust, data-driven solutions that drive substantial ROI for retail clients. With the addition of Alex Moorhead as Executive Chairman, Clear Demand is poised to further strengthen its market leadership and deliver even greater value to its clients. This move not only highlights the growing importance of AI in retail but also underscores Clear Demand's commitment to empowering retailers with cutting-edge technology.