Khimetrics a Scottsdale based provider of enterprise software solutions that help retailers analyze how to best price and position items.
More than a decade ago, two seasoned pricing experts forged an idea into a company with a singular focus: increasing profitability for retailers. The idea was to take revenue management - a relevant technology proven in other industries - and adapt it to retail. Through revenue management, retailers, too, would use consumer demand to develop pricing strategies that deliver sustained improvements in financial performance. Retail revenue management and KhiMetrics, an application software company, were born together with patents and proven methodologies.KhiMetrics defined market leadership as requiring retail focus, practical innovation, flexibility, gifted and committed people and stability. Today, several years after KhiMetrics launched the first revenue management solution, these leadership qualities still prevail and have helped the world's leading retailers generate gross profit increases of 5 to 15 percent and corresponding sales increases of 1 to 5 percent.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 12, 2001 | Series Unknown | $12.40M | 2 | — | — | Detail |
Jan 18, 2000 | Series Unknown | $3.50M | 2 | Telos Venture Partners | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Telos Venture Partners | — | Series Unknown |
RWI Group | — | Series Unknown |