R4 Technologies, a Ridgefield, Connecticut-based enterprise AI company founded by former Priceline executives, today announced it has raised $20 million in a funding round led by Pilot Growth Equity.
R4’s unique B2B software-as-a-service platform allows companies to “unlock growth opportunities blocked by traditional approaches,” founder and CEO Paul Breitenbach said. Using machine learning, it ingests and processes data sources across companies, providing yield management insights. One problem it’s currently tackling is inventory shortages in brick-and-mortar stores.
