River Capital’s Post

#fundingalert 💼Company: Big Sur AI 💰Funding: $6.9Million ⚡Round: Seed 👥Investors: Lightspeed and several angel investors Big Sur AI was founded in 2023 by Vinod Ramachandran and Arnaud Weber Big Sur AI is an AI-powered SaaS #platform for e-commerce merchants to drive sales and #profitability. The company’s flagship AI Sales Agent product increases #online conversion rates and order sizes for #merchants by offering an assisted #shopping experience to their consumers. The company’s AI Sales Agent, which is tailored for each #merchant, is aimed at #boosting merchants’ sales through higher conversion rates and larger order sizes, while enabling shoppers to make well-informed purchase decisions #effortlessly. Vinod Kumar Ramachandran Arnaud Weber  Read more - https://lnkd.in/gN-wHKQ3 To share your startup story write us on - contact@startuprise.io #bigsurAI #saas #ecommerce #funding #startupfunding #startupnews #enterpreneurship

🌟 E-commerce Unleashed: 🌐🛒 Ever feel like e-commerce success is reserved for the big players? Time to shatter that myth! 🚀 Small-scale startups, brace yourselves—AI integration is your game-changer. 🌐🤖 By integrating AI, we're not just rewriting the e-commerce playbook; we're tearing it up. 📖✨ Our success stories defy norms, proving that innovation knows no size constraints. Here's a glimpse into the revolution: 1️⃣ AI-Powered Personalization: Tailoring the shopping experience like never before, turning visitors into loyal customers. 2️⃣ Dynamic Pricing Strategies: Breaking free from static pricing, adapting to market changes for optimal profit margins. 3️⃣ Chatbot Brilliance: Transforming customer service, providing instant responses, and driving engagement. E-commerce isn't a battlefield exclusive to giants; it's a playground where the nimble can thrive. Ready to unleash the power of AI in your startup? Join me on this journey where small-scale becomes the new standard. 🚀💼 Stay tuned for more insights and success stories! 📈✨ Follow me, for a front-row seat to the e-commerce revolution! 🌐🚀 #ai

Read all about it! See this fantastic piece on Delta portfolio company VisionR in today's Business Post https://lnkd.in/e4iZ_4H5 Oran Mulvey, Shane O'Sullivan and the whole team are enabling retailers to understand their consumers' behaviour in a responsible manner, that is enabling bricks and mortar retailers with the same level of insight as ecommerce. #startup #venturecapital #retailtech #dataanalytics

With the phenomenal rise of the re-sell market, through platforms like Vinted and Depop, an opportunity has been spotted to take things to the next level. London-based startup Haz, an AI social commerce app that connects friends through the things they own, has landed $1.4 million in pre-seed funding, led by Speedinvest. AI technology is used to scan digital receipts in users’ email inboxes, removing the manual element of listing something you own for sale and enabling people to receive offers on items they hadn't yet actively listed. At Strive we are experts in providing forward-facing insights for projects like these, generating ideas, and identifying gaps in the market. If you'd like to know more, send us a DM or email us at office@striveinsight.com #ForwardFacing #CustomerInsights #StriveTogether #MarketResearch #StriveTogether #MRX

NuvoRetail, a prominent e-commerce marketing and analytics company, has successfully raised $350,000 in a new funding round. The funds will be primarily used to develop and enhance its AI-ML-driven platform, Enlytical.ai, and support its global expansion efforts. Launched in 2017 by Vishal Sharma, Enlytical.ai serves as a comprehensive platform designed to manage multiple e-commerce operations. It integrates various key performance indicators (KPIs) such as sales, marketing, portfolio management, content, supply chain management, pricing, and customer loyalty. This unified approach allows brands to gain a holistic view of their business performance across different e-commerce platforms. One of the standout features of Enlytical.ai is its AI-based media spend optimization engine. This engine employs advanced AI algorithms to analyze campaign performance and optimize media budget allocation, ensuring higher returns on investment (ROI) by minimizing wasteful spending and maximizing audience engagement based on retail readiness signals. #moneymint #funding #AI #ML #startup

AI-enabled marketplaces offer a world of new opportunities for buyers & sellers. But how do you build one? We’re so early in the AI marketplace game that there aren’t many large-scale examples of true AI-enabled marketplaces yet — platforms that enable buyers to connect with sellers in a way that was previously impossible.  Sameer Singh, Venture Partner in our Marketplaces and Consumer team, breaks down the three key steps to building a powerful AI-enabled marketplace on our blog with insights from Pete Flint of NFX and Haz co-founder Ronan Harvey-Kelly. https://lnkd.in/equnAW6U #ai #marketplaces #startup #founders #venturecapital

I've only just come across this article which bndle has kindly been featured in! A few months old, but very happy to be featured by Omnia Retail as a champion vertical marketplace in the UK. Thank you 🫱🏻🫲🏽 Take a look👇🏽 https://lnkd.in/efAqexR3 #startup  #marketplace  #techstartup  #growth  #ai  #machinelearning #nextgeneration

🚀 Exciting News! Nostra AI has just raised an $8.9 million round of funding to supercharge their mission of optimizing website performance for e-commerce brands. Under the leadership of Founder and CEO Arthur Root, Nostra AI is tackling a challenge every e-commerce brand faces: site speed. We all know that faster websites not only improve user experience but also drive higher conversion rates and boost revenue. Their innovative solutions are designed to solve this critical issue, making online shopping smoother and more efficient. The round was led by High Alpha, with participation from Signal Peak Ventures, Sugar Capital, Crosscut Ventures, and Good Friends Venture Capital. Read the Axios exclusive below 👇 #Funding #Ecommerce #TechInnovation #SiteSpeed #NostraAI

IMPETUS Capital founding partner Viktor Manev and operating partner Stefan Juhls have covered in Retail Tech Insights the challenges in the evolving #retail #technology landscape and the role of #VC in being on the forefront of #tech enablement within the sector. #modernretail #startup #AI #ML #forecasting #retailtech #venturecapital