M33 Growth backs strategy of retail marketing investor RHI Group

RHI Group, a Toronto-based investment company focused on retail marketing solutions, has secured an undisclosed investment from M33 Growth, a U.S. venture capital and growth equity firm. Founded this year by Executive Directors Alex Moorhead and Brian Sinclair, RHI Group invests in software and digital marketing companies that leverage consumer data to help retailers make more informed decisions and market more effectively. Moorehead and Sinclair are both former retail marketing executives. Moorehead was also previously a managing director at Tandem Expansion Fund. M33 Growth Managing Director Gabe Ling said his firm will partner with RHI Group on investments.

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