“Engage3 is being recognized with the Game Changer award because the success of the company has garnered a documented infusion of funding in the past 12 months that ranks as one of the highest in the region,” said David Lichtman, Market President and Publisher at Sacramento Business Journal.
DAVIS, Calif. (PRWEB) May 21, 2019
Engage3, which helps retailers manage their price image through accurate competitive data, data science, and Artificial Intelligence-powered software solutions, was named this year’s “Game Changer” by the Sacramento Business Journal at the TechEdge 2019 Conference.
Produced this year in partnership with George Foreman Jr.'s IYC Capital, the event was held at the Sheraton Grand in downtown Sacramento. Along with local technology leaders, guests and speakers included Congresswoman Doris Matsui and Sacramento Mayor Darrell Steinberg, and representatives from Amazon Web Services and Samsung. Panelists included DiverseCity Ventures, Moneta Ventures, UC Berkeley Skydeck Fund and North Bay Angels.
Engage3’s customers include four of the five leading grocery retailers in the U.S. The company anticipates doubling year-over-year revenues in 2019.
“We are honored to be recognized by the Sacramento Business Journal and IYC Capital,” said Engage3 Founder & CEO, Ken Ouimet, who received the award at the event with Edris Bemanian, Engage3 Chief Operating Officer. “It’s great to be back in the Capital Region. When we started Khimetrics, we were unable to secure financing in Sacramento. We had to leave for Scottsdale as a condition of financing and the Sacramento Bee ran an article titled ‘The price of success, leaving Sacramento’. We are proud to be back and part of the region’s burgeoning community of entrepreneurs and for being recognized as a Game Changer. This recognition is a testament to our incredible growth and our passionate team that delivers the most innovative pricing solutions in the market today,” he added.
“Engage3 is being recognized with the Game Changer award because the success of the company has garnered a documented infusion of funding in the past 12 months that ranks as one of the highest in the region,” said David Lichtman, Market President and Publisher at Sacramento Business Journal. “Funding of this type is transformative to an organization and is truly, ‘Game Changing,’” he added.
Engage3 has been recognized as a top 1,500 firm for two consecutive years (2017 and 2018) in the Inc. 5000 “Fastest Growing Private Companies” in the U.S.
Engage3 was founded by the creators of KhiMetrics (acquired by SAP), who are credited with inventing the retail price optimization space. Engage3's leadership team is composed of former KhiMetrics, SAP, dunnhumby, KSS Retail, and IBM/DemandTec executives.
Engage3's Price Image Management Suite helps retailers understand and manage their price image while providing control over sales and profitability objectives using predictive modeling. The suite includes a Competitive Intelligence Management (CIM) module - an AI-assisted, attribute-based, and data science-driven solution that provides accurate, granular competitive data (30 billion product pricing records collected annually in the U.S. and Canada) and like-item-linking visibility. CIM helps retailers reverse-engineer their competitors’ pricing and assortment strategies across channels, markets, and items.
For more information, visit http://www.engage3.com.