Accenture Invests in Profitmind to Bring Agentic AI to Retail Merchandising

Summary

Accenture Ventures invested in Profitmind, a retail technology company that has built an agentic AI platform to automate merchandising decisions across pricing, inventory, and planning. The investment amount was not disclosed. As part of the deal, Accenture and Profitmind entered a strategic partnership to expand Accenture's data and AI capabilities in the retail sector. Profitmind's platform uses a network of AI agents that connect pricing, inventory, promotions, and assortment data to generat