Eppo, a San Francisco, CA-based experimentation platform, has raised $28 million in Series B funding, bringing its total funding to $47.5 million.
Investors
The round was led by Innovation Endeavors, with participation from Icon VC and continued support from existing investors Menlo Ventures and Amplify Partners.
Innovation Endeavors is an early-stage venture capital firm focused on investing in transformative technologies that drive generational change. Their "Super Evolution" investment thesis leverages data, computational power, and advanced engineering to revolutionize industries such as health, climate, and intelligent software.
Eppo Use of Funds
The company will use the funding to accelerate product development, particularly in supporting marketing and AI experiments.
About Eppo
Founded in 2021, Eppo provides a next-generation experimentation platform designed to democratize A/B testing and experimentation across various functions within organizations, including product, AI, and marketing teams. Eppo integrates seamlessly with cloud services, marketing technology tools, AI products, and data warehouses, enabling widespread adoption of experimentation across entire organizations.
Funding Details
Company: Eppo, Inc.
Raised: $28.0M
Round: Series B
Funding Date: August 2024
Lead Investor: Innovation Endeavors
Additional Investors: Icon VC, Menlo Ventures, Amplify Partners
Company Website: https://www.geteppo.com/
Software Category: Experimentation
Source: Phttps://www.prnewswire.com/news-releases/eppo-closes-28m-series-b-for-tech-companies-to-evaluate-ai-model-performance-power-marketing-and-inform-product-development-at-scale-302225734.html