Lily AI closed $20M in a Series B-Prime funding led by Conductive Ventures to expand its leadership into international markets and accelerate the engineering team’s ability to ship enterprise-grade AI solutions across the retail value chain.
Lily AI closed $20M in a Series B-Prime funding led by Conductive Ventures to expand its leadership into international markets and accelerate the engineering team’s ability to ship enterprise-grade AI solutions across the retail value chain.
03/14/24, 1:12 PM
Location
mountain viewMoney raised
$20 million
Industry
retail
fashion
Round Type
series b
Investors
Nea, Sorenson Capital, Canaan, Transform Capital, Cendana Capital, Counterpart Ventures, Conductive Ventures
Lily AI has announced the closing of a $20,000,000 Series B-Prime financing round led by Conductive Ventures with participation from new investors Counterpart Ventures, Cendana Capital, and Transform Capital, and existing investors Canaan, Sorenson Capital, and NEA. The funding will be used to extend its leadership into international markets, expand its social and eCommerce platform integrations, and accelerate the engineering team’s ability to ship enterprise-grade AI solutions across the retail value chain.
Company Info
Location
mountain view, california, united states
Additional Info
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.