Profitmind, a Pittsburgh-based agentic AI decision intelligence platform for retail teams, has raised $9M in Series A funding led by Accenture Ventures. The platform deploys teams of specialized AI agents to analyze internal and competitive data, ranking high-impact actions across pricing, promotions, inventory, marketing, and assortment to boost sales and profits. The capital will scale operations ahead of a Spring 2026 Microsoft Marketplace launch and support a new strategic partnership with Accenture.
Accenture Backs Retail AI Momentum
The round times with rising adoption of agentic AI in retail optimization. Profitmind follows its 2024 NRF Most Innovative Retail Tech Vendor award and 2025 Retail Innovation Award with this funding, attracting strategic capital. Accenture Ventures' participation highlights enterprise validation, pairing investment with collaboration to actionize AI insights for retailers.
Data Overload Slows Retail Decisions
Retail merchants and planners lose hundreds of hours monthly on manual analysis of pricing, assortment, and competitive data. Traditional tools use static models that overlook dynamic market shifts and nuanced product perceptions from images and specs. This impacts teams at retailers from $20M to $100B revenue, including Walmart and Mattel across three continents.
Agent Teams Deliver Actionable Insights
Profitmind fields nine AI agents — Price Optimization, Assortment Analysis, Competitive Analysis, Whitespace, Inventory, Product Matching, Merch Plan, Performance, and Strategic Analysis. Its product matching mimics customer views via images, descriptions, and specs, integrating with ERP/CRM in under one hour of training. Clients achieve value in 6-10 weeks, with 250+ basis points profit gains and 30x annual ROI.
Accenture Ventures Enables Enterprise Scale
Led by Accenture Ventures, the funding signals conviction in agentic AI for large-scale retail. The tied partnership focuses on turning insights into operational actions, differentiating from pure analytics providers. This growth capital aligns with Profitmind's trajectory from startup to marketplace player.
Spanning SMB to Enterprise Retail
Profitmind targets retailers with $10M to $100B+ annual revenue in apparel, CPG, and home improvement across Americas and Europe. It serves 12+ clients like Dunham's Sports, Kirklands, Bare Necessities, and Batteries Plus. The platform bridges decision gaps across company sizes and sectors.
Andrew Ng Chairs Global AI Effort
Incubated as Netail within Andrew Ng's Landing AI in 2021 and independent since 2022, Profitmind benefits from Ng as Chairman. Ng's track record leading AI at Google and Baidu infuses deep expertise. Pittsburgh headquarters plus offices in Hong Kong, Palo Alto, and Bogota support multi-continent service.
Microsoft Launch Accelerates Growth
Spring 2026 brings Profitmind to the Microsoft Marketplace for broader reach. Funding fuels platform scaling, hiring, and partnership execution with Accenture. Deployments with diverse retailers position it for national and international expansion.