Agilence, Inc., a Mount Laurel, N.J.-based provider of data analytics & reporting solutions to the retail and restaurant industries, received a debt financing from Accel-KKR Credit Partners.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate growth.
Founded in 2006 and led by Russ Hawkins, president and CEO, Agilence is the industry leader in data analytics & reporting for retail and restaurant organizations. The company develops the 20/20 Data Analytics™ Platform, a cloud-based reporting solution that provides organizations with a complete view of their business, empowering them to make informed decisions, increase sales, and eliminate losses offering value to a multitude of users ranging from store manager to CFO and VP of Operations to CEO.
Agilence integrates with multiple data sources including POS, ERP, supply chain, promotion planning, and loyalty management software to provide a holistic view of the business. Users of all ranks can run analyses relevant to their job or departmental function that span from “what if queries” on the global business to identifying precise anomalies at a single location.