Insite AI, a Bentonville, AR-based provider of AI-driven category and revenue growth management solutions for top consumer brands, raised $19m in Series A funding.
The round was led by NewRoad Capital, and M12.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Co-founded by Shaveer Mirpuri and Jonathan Reid, Insite AI provides AI-driven platforms and revenue growth management solutions for consumer brands. The company’s AI platform helps the consumer brands making assortment, space, pricing, and promotion recommendations to improve retailer collaboration, increase revenue, and accelerate growth.
Insite has tripled in revenue over the last 15 months and currently has operations in the USA, with satellite offices in New Zealand, Eastern Europe and South America.
FinSMEs
12/10/2022