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Industry Apr 15, 2020 2 min read

EDITED raises $29M to help retailers fight COVID-19 disruption with data driven decisions

While an aura of uncertainty ripples across the industry, the EDITED Retail Decision Platform is here to help retailers take back the future of retail.

future of retail

As the industry-leading retail data company, EDITED receives significant investment to help the world’s largest retailers maximize profitability and reduce risks during uncertainty. 

As more retailers shutter their stores and rely solely on their e-commerce strategies, it’s more important than ever to use retail data to back up every decision, especially when a wrong one can be the cost of an entire business. 

While an aura of uncertainty ripples across the industry, the EDITED Retail Decision Platform is here to help retailers overcome this crisis. By recently closing $29M in funding, the EDITED platform is the solution for retailers and brands to preserve cash and maximize yield as they continue to be impacted by COVID-19. 

Data has never been more critical to optimizing decision-making. With the world’s largest source of real-time data, the EDITED Retail Decision Platform aims to maximize our resources and expand our product offering to help retailers win. Read the full press release here

“Since we started EDITED a decade ago, the vision has always been to transform the retail industry and this next step is A.I.-driven decision automation. With this new capital, we’ll make even bigger strides to get there by growing our team and product capabilities so our customers can continue to succeed across all verticals especially during this current retail crisis.” 

Geoff Watts, CEO and Co-Founder 

As a company uniquely placed at the intersection of retail and technology, EDITED is built by data scientists and engineers working alongside former buyers and merchandisers from global brands and retailers. 

Recently the EDITED team unveiled our interactive COVID-19 Retail Analysis Dashboard, a collaborative company wide project, which is a publicly available resource for brands and retailers to pull global insights into how the retail industry is reacting to the pandemic. 

coronavirus

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