Profitmind Raises $9 Million Series A Led by Accenture Ventures to Scale an AI Platform for Retail Decision-Making [Yahoo! Finance]
Children's Place, Inc. (The) (PLCE)
Last children's place, inc. (the) earnings: 3/17 07:32 am
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Source: Yahoo! Finance
Backed by new and returning investors, including Chairman Andrew Ng's AI Fund, Magarac Venture Partners and Lightscape Partners, the company pioneered agentic AI for pricing, inventory and assortment decisions PITTSBURGH, February 25, 2026 BUSINESS WIRE )--Profitmind, an agentic AI decision intelligence platform built for retail teams, today announced a $9 million Series A financing led by Accenture Ventures . New investor Thorndale Farm, Inc. participated in the round, alongside reinvestment from existing backers Magarac Venture Partners; AI Fund, led by Profitmind Chairman Andrew Ng; and Lightscape Partners. Several individual investors also participated, including board member Mario Ciampi, former President of Disney Store and former COO of The Children's Place. The funding will be used to scale the platform to more retailers globally, expand product capabilities and grow the team to support those efforts. Profitmind also recently partnered with Microsoft to bring the platfo
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PLCE
News
- The Children's Place expands sourcing chief's remit in turnaround push [Yahoo! Finance]Yahoo! Finance
- The Children’s Place Announces Senior Leadership AppointmentsGlobeNewswire
- The Children’s Place Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their LossesBusiness Wire
- Children's Place (NASDAQ:PLCE) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Children's Place (NASDAQ:PLCE) had its "neutral" rating reaffirmed by analysts at UBS Group AG.MarketBeat
PLCE
Sec Filings
- 2/27/26 - Form 8-K
- 2/12/26 - Form 8-K
- 2/5/26 - Form 4
- PLCE's page on the SEC website