Accenture announced a new investment through its venture arm, Accenture Ventures, in Profitmind, a San Francisco‑based retail technology company that has built an agentic AI platform to automate pricing, inventory and planning decisions. The terms of the investment were not disclosed, a common practice for venture‑capital deals.
Profitmind’s platform coordinates a network of intelligent AI agents that work across diverse retail workflows and adapt in real time to market shifts. The company first unveiled the platform at the National Retail Federation (NRF) conference in 2024 and has since secured a growing roster of retail clients. By integrating Profitmind’s technology, Accenture can offer end‑to‑end AI solutions that bridge the gap between data insights and actionable outcomes, strengthening its position in the high‑margin AI‑led transformation market.
Accenture’s recent financial performance underscores the strategic fit of the investment. In the first quarter of fiscal 2025, the company reported revenue of $17.7 billion, up 9% year‑over‑year, and GAAP earnings per share of $3.59. The prior quarter, fiscal 2024 Q4, saw revenue of $16.4 billion and GAAP EPS of $2.66. In that same quarter, Accenture booked $1.2 billion in new generative‑AI contracts, highlighting the firm’s focus on AI as a growth engine.
The investment aligns with Accenture’s broader AI strategy, which includes the ai.RETAIL platform built with Google Cloud and a series of other AI‑related acquisitions and partnerships. By adding Profitmind’s agentic AI to its portfolio, Accenture can deliver faster, more autonomous decision‑making for retailers, a sector that is increasingly turning to AI to manage complex, multi‑channel operations.
Jill Standish, Accenture’s global retail lead, said the partnership “bridges the gap between insight and action through agentic AI. It mirrors how retailers run their businesses, linking data from multiple sources for clear, prioritized recommendations that can be trusted and executed quickly in response to an increasingly competitive industry.”
Dr. Mark Chrystal, co‑founder and CEO of Profitmind, noted that the company “launched the first agentic platform for retail at NRF 2024. Now, by teaming with Accenture, we are directly addressing the operational complexities retailers face across markets, channels and data systems, bringing that innovation to more global clients and turning critical insights into tangible business outcomes.”
Accenture will showcase the combined solution at the NRF event in New York from January 11‑13 2026, giving retailers a chance to see how agentic AI can accelerate their digital transformation.
The deal signals Accenture’s intent to deepen its AI footprint in retail, a market that is rapidly adopting AI to personalize customer experiences and optimize operations. By investing in a proven agentic‑AI platform, Accenture positions itself to capture higher‑margin, stickier revenue streams while reinforcing its competitive moat in the AI‑led transformation space.
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