Chicory, a NYC-based provider of an end-to-end contextual commerce media platform, received a growth investment from SEVA.
The amount of the deal was not disclosed. In conjunction with the transaction, SEVA Founder and Managing Partner, Shalin Mehta will join Chicory’s Board of Directors.
The company intends to use the funds to scale its end-to-end contextual commerce platform and develop insights that improve their optimization tactics and help customers better understand their target audience.
Led by CEO Yuni Baker-Saito, Chicory provides an end-to-end contextual commerce media platform that combines contextually relevant and brand-safe content and engaging media with a commerce experience empowered by proprietary technology to deliver results and insights for its customers. It also empowers a network of recipe publishers and retailers that CPG brands use to reach 123 million high-intent grocery shoppers each month. Chicory’s contextual advertising and shoppable recipe solutions can be found on over 5,200 websites and food blogs, including Taste of Home, The Kitchn and The Food Network.
FinSMEs
11/09/2024