While the team remains distributed, Retail Aware is expanding its Chicago presence to build upon ties with Chicago based brands, investors, and local based team. The latest round of funding will enable Retail Aware to scale both sales and operations to keep up with outsized client demand. “Physical retail is not dead - not by a long shot - and we’re bringing the tech necessary for its glow-up.” “‘Omnichannel’ has become a ubiquitous marketing strategy, but how do brand teams measure it if they’re missing in-store impressions, display compliance numbers, or lift data? The pandemic revealed so many nuances to the in-store experience, and we’re seeing results translating those insights for our customers,” says Keith Fix, CEO and Co-Founder of Retail Aware. The solution has been implemented in thousands of locations worldwide with rapid expansion led by leading global brands and retailers. Using sense technology and an award-winning AI engine, Retail Aware allows marketers to take action faster and to accelerate return on their investment.īy focusing on shelf-level and display data, Retail Aware is disrupting an industry nearly left behind by the tech evolution. Retail Aware provides retail brands with better measurement of in-store marketing tactics through access to real-time data and insights. We are excited to have them become part of our CAST US portfolio.” said Andrea Zopp, Managing Partner, CAST US Fund. “Retail Aware’s partnerships with industry-leading brands and national retailers are a strong indication of the company’s ability to drive significant growth in 2022 and beyond. Participation also included major investor First Mile, and roster of Chicago firms: Bridge Investments, Lofty Ventures, Relish Works, Company First, in addition to a previous investment led by Newstack Ventures. The round was anchored by the Cleveland Avenue State Treasurer’s Urban Success Fund ‘ CAST US Fund’, a $70M initiative focused on bridging the capital and resource gap impacting Black, Latinx and women entrepreneurs in Chicago’s South and West side neighborhoods. (December 7, 2021) - Retail Aware announces expansion plans thanks to a latest round of capital investment, bringing total funding to over $4MM to date. This transaction once again highlights Mizuho’s strong relationships and commitment to creating partnerships and synergies in the Real Estate sector.CHICAGO, IL. As we navigate the rapidly changing macro environment and volatile capital markets, our partnership is well positioned to continue to execute our business strategy in a highly fragmented sector with growing opportunity” said Michael Levy, Chief Executive Officer of Crow Holdings.Īs part of the is transaction, Mizuho also acted as Admin Agent and Sole Joint Lead Arranger on a Secured Term Loan as part of the financing considerations for the acquisition. DealDash specializes in inventory liquidation. “After exploring our business’ strategic alternatives, we are pleased to have finalized this recapitalization with our new partner. These independent businesses are at the forefront of e-commerce. The joint venture’s portfolio includes properties located across key primary and secondary markets in over 50 cities and over 30 states in the U.S., with a focus on dense and affluent markets located near major suburban population and employment hubs currently benefitting from positive net in-migration, record-low new supply and positive job growth. The portfolio includes 173 retail assets, comprised of smaller format, convenience oriented, open-air, food and service shopping centers. (“CHC”), a subsidiary of Crow Holdings, on the partnership’s acquisition of an open-air retail platform managed by CHC for $1.8 billion. On April 27th, 2023 Mizuho acted as Exclusive Financial Advisor for a joint venture involving a global institutional investor and Crow Holdings Capital Partners, L.L.C.
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