What is Engage3?
Engage3 is a pioneering force in the retail technology sector, specializing in Price Image Management. The company provides retailers and manufacturers with sophisticated, AI-powered software solutions designed to optimize competitive pricing data. By utilizing advanced machine learning algorithms and comprehensive data collection methods, Engage3 enables its clients to align their pricing strategies with consumer perception, ultimately driving revenue growth and fostering long-term customer loyalty.
The company's market position is defined by its ability to bridge the gap between raw competitive data and actionable business intelligence. Serving a diverse clientele that ranges from independent grocery stores to top-tier global retailers, Engage3 has established itself as an essential partner for organizations seeking to maintain a competitive edge in an increasingly volatile market. Its recognition as one of the fastest-growing companies in America highlights its successful execution of a data-driven, demand-centric business model.
How much funding has Engage3 raised?
Engage3 has raised a total of $60.6M across 5 funding rounds:
Private Equity
$625K
Series B
$12M
Series C
$12M
Debt
$1M
Series D
$35M
Private Equity (2009): $625K, investors not publicly disclosed
Series B (2017): $12M led by NewRoad Capital Partners, Pereg Ventures, Dale Carlsen, and Moneta Ventures
Series C (2019): $12M supported by Black Diamond Ventures, The March Fund I LP, Pereg Ventures, and NewRoad Capital Partners
Debt (2020): $1M featuring PPP
Series D (2021): $35M backed by Sweetwater Private Equity, Black Diamond Ventures, and Arrowroot Capital
Key Investors in Engage3
NewRoad Capital Partners
NewRoad Capital Partners is an operator-led investment firm that specializes in investing in high-growth companies within the supply chain, logistics, retail, and marketing technology sectors.
Pereg Ventures
Pereg Ventures is a venture capital firm that invests in early-stage startups in the U.S. and Israel, focusing on B2B data solutions that enhance consumer-driven enterprises.
Arrowroot Capital
Arrowroot Capital is a growth equity firm focused on B2B software companies, providing the capital and operational support necessary to scale enterprise-level technology solutions.
What's next for Engage3?
Looking ahead, Engage3 is well-positioned to capitalize on the ongoing digital transformation within the retail industry. With the support of its strategic investors, the company is expected to accelerate the development of its predictive analytics engine, further refining its ability to provide real-time pricing insights. The current funding context suggests a clear trajectory toward market dominance, as the firm continues to integrate its solutions into the core operations of large-scale enterprise clients.
Strategic priorities will likely include the expansion of its global data network and the enhancement of its B2B2C service offerings. By maintaining a focus on high-growth sectors such as retail technology and supply chain optimization, Engage3 is poised to leverage its recent capital injection to solidify its leadership in the Price Image Management space, ensuring that it remains at the forefront of the data-driven retail revolution.
