DemandTec - About the company
DemandTec is an acquired company based in San Carlos (United States), founded in 1999 by Michael Neal. It operates as an AI-powered retail pricing platform optimizing pricing, promotions, and markdown strategies. DemandTec has raised an undisclosed amount in funding from Crosspoint Venture Partners and Altos Ventures Management. The company has 313 active competitors, including 82 funded and 40 that have exited. Its top competitors include companies like Trax, RetailNext and Peak.
Company Details
AI-powered retail pricing platform optimizing pricing, promotions, and markdown strategies. This is a complete end-to-end pricing platform designed to empower retailers in optimizing their pricing strategies, promotions, and markdown approaches. It facilitates seamless collaboration between retailers and suppliers, streamlining promotional activities for maximum efficiency. The platform offers solutions for pricing, promotions, collaboration, and markdowns, all driven by machine learning. It provides actionable data, tips, and thought leadership through blogs, case studies, reports, and webinars. This platform is a SaaS offering, providing tools for retailers to lead the market with winning pricing, execute impactful promotions, streamline trade collaboration, and build advanced markdown strategies. It leverages Artificial Intelligence to provide data-driven insights and optimization across the entire pricing lifecycle.
- Website
- demandtec.com
Key Metrics
Founded Year
1999
Location
San Carlos, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
12th among 313 active competitors
Employee Count
150 as on May 31, 2026
Similar Companies
Exit Details
Acquired by IBM (Dec 08, 2011)
Legal entities associated with DemandTec
DemandTec is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Acoustic, L.P CIN: 834514906 , United States, Active | Dec 31, 1998 | - | 319 (As on Dec 31, 2024) | - |
DemandTec's acquisition details
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DemandTec's funding and investors
DemandTec has raised funding over 2 rounds. Its first funding round was on Nov 27, 2000. Its latest funding round was a PE round on Sep 04, 2025 for $*****. 1 investor participated in its latest round. DemandTec has 6 institutional investors.
Here is the list of recent funding rounds of DemandTec:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 04, 2025 | 8793839 | PE | 4137886 | 4735538 | 5700377 | 8489933 |
Nov 27, 2000 | 7407829 | Series B | 7777942 | 3915434 |
View details of DemandTec's funding rounds and investors
DemandTec's founders and board of directors
Founder? Claim ProfileThe founders of DemandTec is Michael Neal.
Here are the details of DemandTec's key team members:
- Michael Neal: Founder of DemandTec and founder of 1 other company.
View details of DemandTec's Founder profiles and Board Members
DemandTec's employee count trend
DemandTec has 150 employees as of May 26. Here is DemandTec's employee count trend over the years:
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DemandTec's Competitors and alternates
Top competitors of DemandTec include Trax, RetailNext and Peak. Here is the list of Top 10 competitors of DemandTec, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cloud-based data analytics solutions for retail shelf management | $1.03B | 81/100 | ||
2nd | RetailNext 2007, San Jose (United States), Series E | Provider of traffic analytics, video security, and occupancy management solutions | $232M | 69/100 | |
3rd | Peak 2014, Manchester (United Kingdom), Acquired | Provider of decision intelligence software for retail businesses | $209M | 68/100 | |
4th | Crisp 2016, New York City (United States), Series B | Platform offering business analytics software for CPG retailers and suppliers | $160M | 66/100 | |
5th | Provider of AI-based video analytics solution for video surveillance | $53.8M | 62/100 | ||
6th | SPINS 1995, Chicago (United States), Series B | Provider of retail consumer analytics services | - | 62/100 | |
7th | Standard 2017, San Francisco (United States), Series C | Platform offering AI-enabled automated checkout software solutions for offline retailers | $236M | 60/100 | |
8th | Hypersonix 2018, San Francisco (United States), Series B | Provider AI-powered analytics platform for consumer commerce | $50M | 60/100 | |
9th | ParallelDots 2014, Seattle (United States), Series A | Provider of image recognition software for retail execution and monitoring | $6.5M | 57/100 | |
10th | Customer Analytics and Personalized Recommendation platform | $8.4M | 54/100 | ||
12th | DemandTec 1999, San Carlos (United States), Acquired | AI-powered retail pricing platform optimizing pricing, promotions, and markdown strategies | - | 52/100 |
Looking for more details on DemandTec's competitors? Click here to see the top ones
DemandTec's Investments and acquisitions
DemandTec has acquired 2 companies including M-Factor and Connect3. DemandTec has not made any investments as of now.Reports related to DemandTec
Here is the latest report on DemandTec's sector:
News related to DemandTec
Media has covered DemandTec for a total of 2 events in the last 1 year.
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TPG Twin Brook Agents Two Debt Financing TransactionsABFJournal•Sep 19, 2025•Longshore Capital Partners, Lorient Capital, TPG, DemandTec
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DemandTec by Acoustic Selects Logic as Preferred Partner for Global Customer BasePR Newswire•Jan 13, 2023•DemandTec, Logic
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Northeast Grocery Chooses DemandTec by Acoustic Lifecycle Pricing platformProgressive Grocer•Dec 14, 2022•Northeast Grocery, DemandTec, Acoustic
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Former DemandTec and Oracle exec Anis Hadj Taieb joins 3D Cloud by Marxent as CRORetail Technology Innovation Hub•Jun 15, 2022•Marxent, DemandTec
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Former DemandTec and Oracle Executive Joins 3D Cloud by Marxent as CROUserwalls•Jun 14, 2022•DemandTec, Marxent
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