Profitmind

Pittsburgh, United States Founded: 2022 • Age: 4 yrs
AI software for retail analytics, pricing optimization, and business growth opportunities.

About Profitmind

Profitmind is a company based in Pittsburgh (United States) founded in 2022. It operates as a SaaS, and B2B. Profitmind has raised $9 million across 1 funding round from investors including Accenture, Magarac Venture Partners and AI Fund. Profitmind offers products and services including Price Optimization, Assortment Analysis, Competitive Analysis, Inventory Analysis, and Whitespace Analysis. Profitmind operates in a competitive market with competitors including RetailNext, Trax, Wiser, SPINS and Crisp, among others.

  • Headquarter Pittsburgh, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Netail, Inc.
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $9 M (USD)

    in 1 rounds

  • Latest Funding Round
    $9 M (USD), Series A

    Feb 25, 2026

  • Investors
    Accenture

    & 4 more

  • Employee Count
    Employee Count
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Products & Services of Profitmind

Profitmind offers a comprehensive portfolio of products and services, including Price Optimization, Assortment Analysis, Competitive Analysis, Inventory Analysis, and Whitespace Analysis. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Optimizes prices to maximize sales and profit margins

Analyzes product mixes for better sales and profitability

Monitors competitors for strategic pricing insights

Balances stock levels to minimize risks and improve cash flow

Identifies untapped opportunities in product categories

People of Profitmind
Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Luis Arboleda Jaen
Software Developer Engineer
People
Juan Sebastián Vega Patiño
Founding Engineer - Machine Learning
People
Martin Carmona Diaz
Machine Learning Engineer
People
Raul Molina
Founding Engineer - Machine Learning

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Funding Insights of Profitmind

Profitmind has successfully raised a total of $9M through 1 strategic funding round. The most recent funding activity was a Series A round of $9 million completed in February 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $9.0M
  • First Round

    (25 Feb 2026)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2026 Amount Series A - Profitmind Valuation Accenture
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Profitmind

Profitmind has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Accenture, Magarac Venture Partners and AI Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
-
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Profitmind

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Profitmind

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Profitmind Comparisons

Employees
+
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Competitors of Profitmind

Profitmind operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RetailNext, Trax, Wiser, SPINS and Crisp, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
In-store customer behavior is tracked and analyzed in real-time.
domain founded_year HQ Location
Cloud-based analytics solutions for retail shelf management are delivered.
domain founded_year HQ Location
Price intelligence and optimization software is provided for e-commerce retailers.
domain founded_year HQ Location
Retail consumer analytics services are provided for natural products sector.
domain founded_year HQ Location
Business analytics software is provided for CPG retailers and suppliers.
domain founded_year HQ Location
Analytics software solutions for retail sales and inventory are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Profitmind

Frequently Asked Questions about Profitmind

When was Profitmind founded?

Profitmind was founded in 2022 and raised its 1st funding round 4 years after it was founded.

Where is Profitmind located?

Profitmind is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.

Is Profitmind a funded company?

Profitmind is a funded company, having raised a total of $9M across 1 funding round to date. The company's 1st funding round was a Series A of $9M, raised on Feb 25, 2026.

What does Profitmind do?

Profitmind provides AI-driven solutions that analyze retail data to identify opportunities in pricing, inventory, and assortment, helping retailers make data-driven decisions. It integrates with existing processes to deliver weekly insights and performance tracking, serving customers in Americas and Europe. The platform uses predictive and generative AI for recommendations, aiming to boost profits through efficient operations.

Who are the top competitors of Profitmind?

Profitmind's top competitors include Trax, Eversight and Wiser.

What products or services does Profitmind offer?

Profitmind offers Price Optimization, Assortment Analysis, Competitive Analysis, Inventory Analysis, and Whitespace Analysis.

Who are Profitmind's investors?

Profitmind has 5 investors. Key investors include Accenture, Magarac Venture Partners, AI Fund, Lightscape, and Thorndale Farm.

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