Storewise, a Leading Retail & Grocer Automation Software Provider, Receives Majority Growth Investment from Nexa Equity

Storewise, a leading provider of retail automation software for independent grocers, has announced a majority investment from Nexa Equity LLC, a private equity firm focused on scaling lower-middle market software and fintech businesses. The investment will enable Storewise to further support its customer base, develop new products, and accelerate go-to-market efforts. Storewise’s software platform streamlines operations and improves store profitability, and is particularly important for independent grocery store operators looking to be competitive with big-box retailers. The company currently serves more than 700 stores and is rapidly expanding. Financial terms of the transaction were not disclosed.