REMI

What REMI does

REMI (Regional Economic Models, Inc.) is a privately held software and consulting company founded in 1982 and headquartered in Amherst, Massachusetts, with a regional office in Washington, D.C. The company develops and licenses a suite of dynamic regional economic and demographic modeling software — PI+ (general policy/economic forecasting), TranSight (transportation), Tax-PI (tax and fiscal policy), E3+ (energy, environment, economy), EREMI (regional forecasting), and the newer REMI-AI and Proseris platforms — that integrate supply- and demand-side relationships, behavioral responses, and intertemporal dynamics to forecast policy impacts over multi-decade horizons through 2060.

REMI sells primarily to U.S. government agencies (federal, state, and regional), metropolitan planning organizations (MPOs), energy and environmental organizations, universities, and private consulting firms. Cited customers include the Nevada Department of Taxation, Pennsylvania Independent Fiscal Office, Sandia National Laboratories, AECOM, National Grid, KPMG, FTI Consulting, The Brattle Group, ICF, ERM, MITRE, Arizona State University, and the University of Colorado Boulder, using REMI models for transportation infrastructure evaluation, tax policy assessment, energy and environmental policy analysis, and regional economic forecasting.

The company generates revenue through enterprise software licensing (subscription/recurring) and economic consulting services where its in-house economists deliver custom impact studies using REMI models. Pricing is quote-based via a 'Request Demo' direct enterprise sales motion. REMI employs 11-50 people and is led by CEO and Chief Economist Dr. Frederick R. Treyz (Ph.D. Regional Science, University of Pennsylvania), with Senior Vice Presidents covering business development, research and development, and economics and consulting. The company is founder-owned, has no disclosed external funding rounds, and has operated continuously since 1982.

Name

REMI

Legal name

Regional Economic Models, Inc.

Website

https://remi.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

11–50 employees

Short description

REMI is a privately held Amherst, MA-based software and consulting company founded in 1982 that builds dynamic regional economic and demographic modeling tools (PI+, TranSight, Tax-PI, E3+, EREMI, REMI-AI, Proseris) for U.S. government agencies, MPOs, and consulting firms to forecast policy and infrastructure impacts.

Ownership category

akta.pro rank

Product category

Economic Modeling Software

NAICS

Software Publishers (5132), Research and Development in the Social Sciences and Humanities (54172), Scientific Research and Development Services (5417)

SIC

Services-Prepackaged Software (7372), Services-Management Consulting Services (8742)

akta.pro primary industry

Financial Planning & Analysis (FP&A) & BI (HDAEAMAG)

Keywords

• Economic modeling software
• Policy analysis tools
• Regional forecasting
• Transportation economics
• Fiscal impact analysis

Headquarters

HQ city

Amherst

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Others

Revenue model

1. Software Licensing: REMI licenses its economic modeling software (PI+, TranSight, Tax-PI, E3+, EREMI) to government agencies, planning organizations, and consulting firms. The software is sold as enterprise licenses with consulting services for implementation and model customization.
2. Economic Consulting Services: The company provides consulting services where economists and analysts perform custom economic impact studies using REMI models for clients. Projects range from transportation infrastructure analysis to tax policy evaluation and energy/environmental assessments.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

REMI develops and licenses proprietary dynamic economic and demographic modeling software (PI+, TranSight, Tax-PI, E3+, EREMI, REMI-AI, and the newer Proseris platform) used by government agencies, MPOs, universities, and consulting firms to forecast the economic, fiscal, and demographic effects of policy decisions. The company complements its software with project-based economic consulting engagements performed by its in-house Ph.D. economists.

Product overview

REMI (Regional Economic Models, Inc.) offers a suite of economic modeling software products designed for policy analysis. The core portfolio includes PI+ for general economic modeling, TranSight for transportation policy analysis, Tax-PI for tax and fiscal analysis, E3+ for energy and environment analysis, EREMI for regional forecasting, and REMI-AI for AI-enhanced analysis. Proseris is a newer AI-powered platform for regional economic modeling. The products are used by government agencies, metropolitan planning organizations, and consultants to predict the effects of policies before they happen, with models applied for over 25 years across topics including energy, environment, transportation, tax, economic development, labor, workforce, and national policy.

Differentiator

Problem solved

Functional benefit

Brands

• PI+: Next generation economic modeling software that examines the economic future of regions and builds confidence in policy recommendations.
• TranSight
• Tax-PI
• E3+
• REMI-AI
• Proseris
• eREMI

Products and services

• PI+ (Policy Insight Plus) Software that builds confidence in policy recommendations by examining the economic future of a region and answering 'what if' questions about the effects of policy on the economy; sold to government agencies, MPOs, universities, and consulting firms.
• TranSight Software used by transportation analysts to evaluate the total economic effects of transportation policy, including state transportation plans, highway corridors, toll roads, airports, seaports, rail, freight, and multimodal developments.
• Tax-PI Software for evaluating the dynamic economic and fiscal effects of tax and other policy changes, including sales tax, imports and exports, state income tax, incentives, and deductions.
• E3+ (Energy, Environment, Economy) Software used by researchers and analysts to examine energy and environmental policies, including instituting a carbon tax, installing oil pipelines, cleaning up nuclear sites, and reducing greenhouse gas emissions.
• EREMI Software providing a structural and dynamic approach to regional forecasting, used for detailed economic and demographic projections for regions.
• REMI-AI AI-powered tool that leverages artificial intelligence to deepen economic analysis by generating high-quality text deliverables and reports directly from REMI model results, representing the next evolution in policy analysis.
• Proseris AI-powered regional economic modeling platform that combines AI-powered insights with REMI's economic modeling methodology to transform how regional economic analysis is conducted.
• Consulting Services Project-based economic consulting engagements in which REMI's economists and analysts perform custom economic impact studies using REMI models, covering transportation infrastructure, tax policy, energy and environmental assessments, and broader fiscal and demographic analyses for government and private clients.

Quantifiable outcome

• Models have been used for over 25 years by government agencies nationwide
• +2 more outcomes

Named customers18 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature7 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Cambridge Econometrics: Provides comparable multi-sector, dynamic regional economic modeling software (E3ME, MD-E3, US E3) plus consulting, serving government and policy clients in Europe and globally — the closest international analog to REMI's modeling approach.
• Lightcast (formerly EMSI/Burning Glass + IMPLAN): Offers IMPLAN input-output and regional economic impact modeling used by economic development organizations, MPOs, and consultancies — directly overlapping with REMI's regional impact and economic development use cases.
• Chmura Economics & Analytics: Provides economic consulting and software (JobsEQ, Realism) for regional forecasting, labor market analysis, and economic impact studies — competing in similar state/local government and consulting accounts.
• Economic Development Research Group (EDR Group): Specialized transportation economic consulting practice using TREDIS software for infrastructure impact analysis — directly comparable to REMI's TranSight offering for MPOs and DOT clients.

Broad incumbents

• S&P Global Market Intelligence: Provides macroeconomic forecasts, state/provincial data, and policy analytics within a much broader data and analytics portfolio — overlaps with REMI in macro/regional economic forecasting and policy analysis.
• Moody's Analytics: Offers economic forecasting, regional and state-level models, and policy impact analysis as part of a large commercial risk analytics platform — competes for government and consulting economics work.
• NERA Economic Consulting: Economic consulting firm with deep transportation, energy, and tax policy expertise — overlaps with REMI's consulting practice for similar high-stakes regulatory and policy engagements.
• Charles River Associates: Global consulting firm with an Energy, Environment, and Transportation practice delivering economic impact and policy analysis — competes for similar federal/state and energy consulting engagements.
• Wood Mackenzie: Energy and natural resources research and consulting — overlaps with REMI's E3+ use cases for carbon policy, nuclear, and energy transition analysis, though at much larger scale and scope.

Others

• BEA RIMS II (U.S. Bureau of Economic Analysis): Free government-issued regional input-output multipliers widely used as a baseline or substitute for paid regional impact modeling — represents the public/free alternative that constrains REMI's pricing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCrX8ZacglUQOP_wZ1ahns_w
• LinkedInlinkedin.com/company/remi
• Xx.com/remieconomics

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about REMI