Goldman Sachs funds Revionics

Revionics has secured undisclosed financing from Goldman Sachs. Also, Hillel Moerman, co-head of the Goldman Sachs Private Capital Investing group, has been named to Revionics’ board of directors while Holger Staude, who is also a member of PCI, has been appointed a board observer. Headquartered in Austin, Revionics is a provider of end-to-end merchandise optimization solutions.


AUSTIN, Texas–(BUSINESS WIRE)–Revionics, a global provider of proven End-to-End Merchandise Optimization solutions, announced today that they have raised growth financing from Goldman Sachs. This investment will help Revionics capitalize on the significant growth opportunities in the retail software technology sector. The funds will be used to accelerate Revionics’ global market share and expand research and development efforts for the company’s End-to-End Merchandise Optimization solutions. This financing comes on the heels of Revionics’ recent announcement of a 5-year Compound Annual Growth Rate (CAGR) of over 50% and customer renewals near 100%.

Revionics also announced the appointment of Hillel Moerman, Co-Head of the Goldman Sachs Private Capital Investing (“PCI”) group to its board of directors and Holger Staude, also a member of PCI, as board observer. The PCI group is Goldman Sachs’ investment platform dedicated to providing preferred equity and mezzanine capital to growth and middle market companies.

“Revionics’ best-in-class product, customer base, and management team have positioned the company to be a global leader in merchandise optimization,” said Hillel Moerman. “We are pleased to contribute to Revionics’ product innovation and continued success.”

Today’s retailers are battling intense competition and increasingly price-conscious and informed shoppers that rapidly shift their buying behavior. This Goldman Sachs investment underscores Revionics’ demonstrated leadership in enabling retailers to compete more profitability through data-driven, shopper-centric price, promotion, markdown, assortment and space decisions. With one of the largest SaaS-based merchandise optimization install bases – over 37,000 retail sites globally – retailers around the world recognize the value in using Revionics’ solutions. Revionics’ customers typically see a 2%-5% increase in gross margin, a 2%-7% increase in sales and on average a $10 return on every dollar invested.

“We selected Goldman Sachs as our new financial partner due to their distinguished track record funding fast growing pre-IPO companies. We are thrilled that they see the significant growth opportunity ahead of us,” said Marc Hafner, Revionics CEO. “Revionics is committed to innovate and provide greater value to our customers. Today we deliver an estimated $2B in additional profit annually to our retail customers. This investment will accelerate key R&D efforts as well as provide us with additional access to capital for future acquisitions.”

About Revionics, Inc.
Revionics delivers proven End-to-End Merchandise Optimization solutions, enabling retailers of all sizes to execute a fact-based omnichannel merchandising strategy utilizing the most comprehensive set of shopper demand signals to enhance financial performance with improved customer satisfaction. Revionics’ solutions leverage advanced predictive analytics and demand-based science to ensure retailers have the right product, price, promotion, placement and space allocation for optimal results across all touch points in the omnichannel shopping episode – online, in-store, social and mobile. Offered on a scalable, high performance SaaS platform, these solutions deliver insights and recommendations at speed, scale and frequency, while providing speed-to-ROI. Over 37,000 global retail locations representing $150+B in annual revenue across grocery, drug, building materials, convenience, general merchandise, discount, sporting goods stores and eCommerce sites optimize with Revionics’ solutions. Revionics has been recognized as a Deloitte Technology Fast 500™, Red Herring Top 100 Global, Red Herring Top 100 Americas and JMP Securities’ Hot 100 Software Company. For more information, please visit

About Goldman Sachs Private Capital Investing
The Goldman Sachs Private Capital Investing group is the firm’s investment platform dedicated to providing preferred equity and mezzanine capital to growth and middle market companies based in North America. It invests $20 million – $150 million of equity per transaction in the form of common, preferred, and structured equity. For more information, please contact: