Zoovu, a Boston, MA-based AI-powered discovery experience platform for B2B and B2C e-commerce, has announced that it has raised $169 million led by FTV Capital, a sector-focused growth equity investor in innovative enterprise technology and services businesses.
Zoovu will use the new funding to build out its go-to-market strategy and team, particularly in the United States, and strengthen its data-driven product platform to fuel a better e-commerce experience as it continues to empower businesses to help buyers discover products and make purchase decisions.
Company: Zoovu Inc.
Raised: $169.0M
Round: Series C
Funding Month: June 2022
Lead Investors: FTV Capital
Additional Investors:
Company Website: https://zoovu.com/
Software Category: AI Product Discovery Platform
About the Company: Zoovu empowers businesses to help buyers discover products and make purchase decisions, wherever they are. The AI-driven platform structures product content and enriches it with language that people understand to enable powerful and personalized product discovery experiences such as visual configurators, semantic search, and conversational assistants across all digital channels and partners. Companies such as 3M, Amazon, BSH, and Microsoft use Zoovu’s secure and scalable no-code platform to engage, educate and convert customers, streamline buyer journeys, and deliver great purchase experiences to millions of customers worldwide,
Source: https://www.businesswire.com/news/home/20220615005795/en/Zoovu-Secures-169-Million-Series-C-Led-by-FTV-Capital-to-Deliver-Data-driven-Product-Discovery-Experiences-for-E-commerce