Cornerstone Ventures Exits from Retail Analytics Startup Intelligence Node

SaaS-focused venture capital firm Cornerstone Ventures has announced its exit from retail analytics startup Intelligence Node following its acquisition by global advertising giant Interpublic Group (IPG). This marks Cornerstone Ventures’ second successful exit from its Fund I portfolio, having first invested in Intelligence Node in 2019. 

Commenting on the development Nanika Kakkar Partner at Cornerstone Ventures, said, “We have always been impressed with Intelligence Node’s commitment to addressing a critical global need. Their ability to deliver measurable customer benefits has enhanced competitiveness and improved margins for their clients over the years.”

The acquisition, valued at approximately $100 million (INR 849.5 crore), reflects Intelligence Node’s critical role in the evolving retail ecosystem. The company’s AI-driven platform analyzes over 1.2 billion products across 190,000 brands offering solutions to optimize digital shelf presence and pricing strategies with 99% product matching accuracy. 

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Founded in 2012, Intelligence Node leverages Ai and machine learning to empower businesses, contributing to over $600 billion in global revenue. ceo Sanjeev Sularia said, Our partnership with Cornerstone Ventures was instrumental in scaling our innovative solutions. This acquisition by IPG opens new doors for our company and clients, enhancing our global reach and impact.

The startup has raised $10.25 millionin funding across multiple rounds, with key investors including NEA, Orios Venture Partners, BlackSoil Capital and individual investors such as Anupam Mittal and Gaurav Sharma. 

By joining IPG, Intelligence Node aims to utilize the advertising conglomerate’s global network to enhance its offerings and expand its market presence. 

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Cornerstone Ventures’ portfolio also includes notable SaaS players like ManageArtWorks, THB, and EnParadigm, as well as SaaS + marketplace models such as Blubirch and Credilio.

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