Engage3 Raises $12 Million

Ecommerce startup Engage3 announced it has raised $12 million in Series B financing. Four investors contributed to the round, among them Kayne Anderson Capital Advisors, Pereg Ventures, and Moneta Ventures.

Engage3, based in Davis, CA, is on a mission to help businesses close profitable sales through competitive intelligence, the personalization of offers, and digital assistants. The company has more than 40 years of experience gathering, measuring, and drawing insights from competitive pricing and product data for its clients and partners across the U.S. and Canada. Engage3 combines deep domain expertise in retail pricing with strategic insights achieved through data science, the innovative application of statistical physics, and patented software techniques.

According to the company, the funding will enable Engage3 to expand its team, continue developing its omni-channel retail pricing platform, and accelerate deployment of the company’s B2B personalization solution.