AI firm Impact Analytics raises $11 million from Argentum Capital and others

Impact Analytics, provider of AI-driven software-as-a-service (SaaS) solutions for planning and merchandising within the retail industry, has raised $11 million in Series A from investors led by Argentum Capital Partners IV, LP.

In 2016, the company had secured $7,25,000 in a seed funding round led by early-stage venture capital firm Aarin Capital, a joint venture founded by TV Mohandas Pai and Ranjan Pai.