About Mi9 Retail
Mi9 Retail is a Retail company based in Miami (United States) founded in 2001, and was acquired by Elevate Software in January 2025. Cloud-based software solutions for retail automation are provided. It operates in the Retail and Technology sectors. Mi9 Retail has completed 5 acquisitions, including Asc Soft, JustEnough and MyWebGrocer. Its chief executive, as recorded, is Neil Moses. Mi9 Retail offers products and services including Point of Sale, Merchandise Management, Retail Analytics, Commerce, and Customer Engagement. Its focus areas include In Store Retail Tech, Suite, Enterprise Applications and Enterprise Resource Planning. Its competitors include CommerceIQ, Cart.com and BigCommerce; 3 of its 3 listed competitors have raised funding.
Company details
Mi9 Retail was founded in 2001 in Miami, United States, as a provider of cloud-based software for the retail sector. Operations focus on automating the plan-to-sell process, encompassing merchandise planning, demand forecasting, order management, point-of-sale systems, digital commerce, and customer engagement. AI and machine learning are integrated to enhance system capabilities and reduce manual tasks. Services are utilized by clients including Levis, Samsonite, Nike, and Sephora.
- Headquarters Miami, United States
- Stage Acquired
- SectorsRetailTechnology
- Email••••••••
- Phone•••• ••••
- Website mi9retail.com
- Social LinkedIn X Facebook
- Acquired by Elevate Software (Jan 2025)
- InvestorsGeneral Atlantic
& 3 more
- Investments & AcquisitionsAsc Soft
& 4 more
- Acquired by
Products & Services of Mi9 Retail
Mi9 Retail offers a comprehensive portfolio of products and services, including Point of Sale, Merchandise Management, Retail Analytics, Commerce, and Customer Engagement.
Software for managing store transactions and customer interactions
Platform for optimizing retail inventory and sales processes
Tools for providing business insights and performance metrics
Systems for online and omni-channel sales management
Software for enhancing customer loyalty and interactions
Funding Insights of Mi9 Retail
- Total Rounds 2
- Investors Count 2
All 2 funding rounds of Mi9 Retail with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2017 | Private Equity Round | – | – | ||
| Nov 2015 | Private Equity Round | – | – |
4 investors in total: 4 institutional.
Investors in Mi9 Retail
Mi9 Retail has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include General Atlantic, Summit Partners and Elevate Software.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity fund focused on global markets | 1980 | generalatlantic.com | New York, United States | |
Summit Partners is recognized as a growth equity investment firm. | summitpartners.com | Boston, United States | ||
| respida.com | ||||
Elevate Software is focused on nurturing mature B2B software companies. | elevatesw.com | Fort Lauderdale, United States |
Investor details for Mi9 Retail
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- Round participation
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Verified entity values are shown only after access is granted.
People of Mi9 Retail
45 people are tracked at Mi9 Retail (14 in leadership, 31 in team).
| Name | Role | Group |
|---|---|---|
Neil Moses | CEO | Leadership |
Vlad Balan | Vice President Of R&d | Leadership |
Jason Maloney | Vice President Of Business Development | Leadership |
Keith Whaley | VP Retail Strategy | Leadership |
Steve Byrne | Chief Strategy Officer | Leadership |
Oana Stanoiu | Director Of Professional Services | Leadership |
Melody Mitchell | Project Director | Leadership |
Jason Williams | President, COO, Board Member | Leadership |
Eugene Voronov | Chief Technology Officer | Leadership |
Norbert Altenstad | Director Of Sales And Marketing | Leadership |
Jeffrey Bukala | Vice President Of Services | Leadership |
Peter Saastamoinen | Vp, Technology Services | Leadership |
Mike Byrne | Chief Executive Officer | Leadership |
Lourdes Morán Cpa | Vice President Finance | Leadership |
Aleksandar Aleksandrov | Frontend Team Lead | Team |
Paul Rollins | Technical Lead. Mi9 Store Product | Team |
Kristiyan Dimitrov | Software Engineer | Team |
Emmanuel Breteaux | Senior Operations Manager | Team |
Joanne Grogan | Software Architect | Team |
Richard Ryan | Ui, UX Designer & Content Manager | Team |
25 more people are available in the full profile.
Complete people profiles for Mi9 Retail
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Investments & Acquisitions by Mi9 Retail
Mi9 Retail has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Asc Soft, JustEnough and MyWebGrocer.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
SaaS platform for grocery e-commerce and marketing is provided. | mywebgrocer.com | Winooski, United States | 1999 | Oct 2018 | •••• | |
Assortment and merchandising solutions are provided to retail businesses. | justenough.com | Irvine, United States | 1994 | Jan 2018 | •••• | |
Omnichannel order management and fulfillment are enabled through cloud-based platform. | upshotcommerce.com | Boston, United States | 2012 | Jul 2016 | •••• | |
End-to-end solutions for retailers are provided by ASC. | ascsoft.com | Boston, United States | 1980 | Jan 2016 | •••• | |
Integrated software solutions for retail management are provided. | raymark.com | Mont-royal, Canada | 1999 | Nov 2015 | •••• |
Complete acquisition details for Mi9 Retail
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- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Mi9 Retail
10 dated milestones of Mi9 Retail across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Mi9 Retail is founded.
- Exit Acquired by Respida Capital.
- Acquisition Acquires Raymark.
- Funding First funding round.
- Acquisition Acquires Asc Soft.
- Acquisition Acquires Upshot Commerce.
- Funding Latest funding round, Private Equity Round,.
- Acquisition Acquires JustEnough.
- Acquisition Acquires MyWebGrocer.
- Exit Acquired by Elevate Software.
Competitors of Mi9 Retail
Mi9 Retail has 3 listed competitors in our database, 3 of them funded. They include CommerceIQ, Cart.com and BigCommerce.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| commerceiq.ai | 2012 | Mountain View, United States | $195.5M | 256 | AI platform for retail ecommerce management and optimization is provided. | |
| cart.com | 2020 | Austin, United States | $735.24M | 998 | Software suite solutions are provided for e-commerce businesses. | |
| bigcommerce.com | 2009 | Austin, United States | $233.45M | 1,321 | SaaS-based software suites for e-commerce operations are provided. |
Detailed competitors of Mi9 Retail
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Web traffic of Mi9 Retail
The website of Mi9 Retail (mi9retail.com) receives about 4.2K visits a month.
- Monthly visits4.2K
▲ 6.4% vs previous month
Top companies in Autonomous & In-Store Retail Tech
3 companies that operate in the same segment as Mi9 Retail (Autonomous & In-Store Retail Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | 576 | ||
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | 2,684 |
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Related news about Mi9 Retail
Complete news archive for Mi9 Retail
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Frequently Asked Questions about Mi9 Retail
Mi9 Retail was founded in 2001 and raised its 1st funding round 14 years after it was founded.
Mi9 Retail is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Neil Moses is the CEO of Mi9 Retail, as recorded in our data.
Mi9 Retail was founded in 2001 in Miami, United States, as a provider of cloud-based software for the retail sector. Operations focus on automating the plan-to-sell process, encompassing merchandise planning, demand forecasting, order management, point-of-sale systems, digital commerce, and customer engagement. AI and machine learning are integrated to enhance system capabilities and reduce manual tasks. Services are utilized by clients including Levis, Samsonite, Nike, and Sephora.
Mi9 Retail's top competitors include CommerceIQ, Cart.com and BigCommerce.
Mi9 Retail offers Point of Sale, Merchandise Management, Retail Analytics, Commerce, and Customer Engagement.
Mi9 Retail has made 5 acquisitions, including Asc Soft, JustEnough, and MyWebGrocer.
Mi9 Retail has 4 investors. Key investors include General Atlantic, Summit Partners, Elevate Software, and Respida Capital.
Yes. Mi9 Retail was acquired by Elevate Software in January 2025.