Bentonville-based Crisp, an artificial intelligence company focusing on retail data, said Wednesday that it has closed its latest investment round, raising $26 million.

Are Traasdahl, founder and chief executive officer, said investors are looking to support companies that are demonstrating measurable change through advanced technologies.

The company serves businesses by automatically reducing out-of-stock items, maximizing e-commerce revenue and optimizing assortment and space planning.

The company recently started its AI Agent Studio, which is the retail industry's first purpose-built AI agent platform. The studio orchestrates the delivery of supply chain insights and prompts actions that improve retail performance, Crisp said.

Since the company's inception in 2017, it has raised $12

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