Lily AI, a Mountain View, CA-based deep learning startup focused on enabling brands to convert customers through emotionally tailored recommendations, raised $12.5m in Series A funding.
The round was led by Canaan Partners, with participation from NEA, Unshackled and Fernbrook Capital.
The company intends to use the funds to continue to expand operations and its dev efforts.
Co-founded by Purva Gupta and Sowmiya Chocka Narayanan, Lily AI is an AI platform for brands and retailers to understand individual customer’s emotional context, auto-tag products with a rich set of attributes, and extract and predict the emotional context of each shopper using existing anonymized customer data to deliver relevant and individualized experiences on eCommerce sites and in outbound communications.
FinSMEs
31/01/2020