Strategic Investment from M33 Growth to Propel Clear Demand's Growth
Slice of Retail Team
08/08/2024
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)
Quotes
“ "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
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.
