Chicory, Inc received a minority investment from SEVA I LP to scale its business and strengthen its technology.
Sep 10, 2024•12 months ago
Investors
Seva I Lp
Description
Chicory, Inc has announced that it received a minority investment from SEVA I LP, marking its first outside institutional capital investment. This partnership aims to enhance Chicory's capabilities in contextual commerce and support its growth into new product categories.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers