Crisp, a retail data platform that uses AI to streamline how retail data is integrated and shared across consumer packaged goods brands, retailers and distributors, has raised $26 million in Series B1 funding. Paine Schwartz Partners led the round, with participation from Blue Cloud Ventures, FirstMark Capital, Cox, DNX, Prologis and Wellington Management.
In a press release, Crisp announced the funding will support the rollout of new capabilities for CPG and retail customers and accelerate development of its flagship product, the Crisp AI Agent. The funding also follows the launch of AI Agent Studio, a tool that provides real-time supply chain insights and suggests actions to improve retail performance.
Crisp’s total funding now stands at $127 million to date.