Blueday’s Board of Directors Strengthened with new CEO and Investment Partner
Boston, Massachusetts (1/30/18): Blueday, Inc., provider of the leading Store Labor Productivity solution for retail, today introduced Graeme Grant, former Salesforce Commerce Cloud Vice-President, as CEO and Board Member. In conjunction with Mr. Grant joining, Blueday also announced a growth equity investment from Radian Capital.
“In today’s omni-channel world, stores are vital to a retailer’s fortunes. Blueday answers the essential question facing retailers today: how do I get my stores to perform to their highest potential? Blueday has cracked that problem and demonstrated powerful results with some of the best retailers in the world,” said Grant. “The technology is ground-breaking and the team at Blueday is world-class. I could not be more excited to join them, especially now when the need for our solution is so urgent.”
Previously, Mr. Grant held leadership positions with Salesforce Commerce Cloud, Demandware, and Oracle Retail and was a key executive in several successful retail-focused start-ups. He helped found CQuotient, a predictive intelligence company acquired by Demandware; was an early leader at ProfitLogic, a pioneer in algorithmic modeling acquired by Oracle; and was a top executive at Allurent, a groundbreaking merchandising solution for ecommerce.
“Blueday is the right solution at the right time for retail. It has everything we look for in a successful company: a solution to a mission-critical problem, great technology, and a fantastic team with deep industry expertise. The solution is incredible, and we are over-joyed to partner in Blueday’s future growth,” said Weston Gaddy, Partner and co-founder of Radian Capital.
Blueday is a leading Store Labor Productivity SaaS solution provider that helps retailers maximize the return on store labor—typically their largest expense item outside of merchandise. Blueday’s cloud-based software applies artificial intelligence and predictive analytics to empower store teams to meet and exceed their sales goals.
About Radian Capital
Radian Capital is a $150 million growth equity fund. Radian partners with strong management teams and systematically accelerates growth by driving adoption of next generation sales and marketing, data science, and operational techniques. Founded in 2016, Radian is headquartered in New York City.