
DynamicAction
Retail’s fastest path to connected, profitable decisions from each click to every brick.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor investor investor investor investor | €0.0 | round | |
$15.0m | Series B | ||
Total Funding | 000k |
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DynamicAction operates as a data analytics company focused on the retail sector, providing retailers with tools to enhance their decision-making processes. The company was founded in 2011 by John Squire and Michael Vax, spinning out from eCommera, a company that provided ecommerce solutions and services. The core offering is a Retail Analytics Platform designed to connect and analyze data from various points within a retail organization, including merchandising, marketing, and operations. By integrating information that often resides in separate systems, the platform aims to provide a unified view of the business.
The platform processes this consolidated data through proprietary algorithms, identifying operational issues and opportunities for profit improvement. It then translates these findings into specific, prioritized actions for retail teams to execute. This approach targets the challenge of "data-rich, information-poor" environments common in retail, where large volumes of data do not automatically lead to clear business actions. The business model is likely based on a Software-as-a-Service (SaaS) subscription, where clients pay for access to the platform and its analytical capabilities. Clients are primarily B2C and B2B retail brands seeking to improve profitability and operational efficiency by making more informed, data-driven decisions.
Key milestones for the company include its initial funding rounds, such as a $15 million Series B round in 2014 led by investors like Accenture and West Coast Capital. In 2017, DynamicAction acquired an analytics technology company, unlocking further capabilities in its platform. A significant development occurred in February 2019 when EDITED, a retail market intelligence platform, acquired DynamicAction. This acquisition integrated DynamicAction's internal business analytics with EDITED's external market data, aiming to provide retailers with a comprehensive view of both their own performance and the broader market landscape. Following the acquisition, the founders and leadership team transitioned into roles within the combined entity.
Keywords: retail analytics, data analytics, ecommerce optimization, decisioning platform, profit improvement, inventory management, merchandising analytics, marketing analytics, business intelligence, SaaS