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Lily Ai Closes $25M Series B To Bring The Language Of The Customer Across The Entire Retail Value Chain

Aug 24, 2022about 3 years ago

Amount Raised

$25 Million

Round Type

series b

Mountain ViewRetailFashion

Description

Lily AI, the product attributes platform that injects an enriched, customer-centered product taxonomy across the existing retail stack, today announced that it has closed its Series B financing round with participation from Canaan Partners, Conductive Ventures, Sorenson Ventures and NEA, among others.

Company Information

Company

Lily AI

Location

Mountain View, California, United States

About

Lily AI is the first platform that bridges the gap between brand-speak and customer-speak to drive exponential growth for companies large and small. Lily AI seamlessly injects customer-centric product attributes into site search engines, recommendation systems, SEO/SEM capabilities and item setup processes to drive exponential lifts in traffic, conversion, revenue and brand loyalty.

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech