Retail analytics platform Askuity raises $2 mln in Series A round
Askuity Inc, a Canadian retail analytics software provider, has secured $2 million in a Series A financing. The investors included dunnhumby Ventures, the venture investment arm of dunnhumby, a U.K.-based customer science business, and a number of angel investors. The investment follows the company's $1.8 million seed-stage round of May 2014, backed by dunnhumby and MaRS Investment Accelerator Fund, among others. Toronto-based Askuity has developed technology that enables brands and product suppliers to turn retail data into better sales, marketing and supply outcomes. It said the new funds will help accelerate sales and marketing in new and existing markets.
11 January 2016•3 mins read
