Sturish, a Menlo Park, Calif.-based AI driven eCommerce growth platform that establishes and grows online businesses across multiple channels and global markets, raised $3.2m in seed funding.
The round was led by Neo, with participation from Act One Ventures, and Fika Ventures.
The company will use the funding to hire additional talent and build out its technology platform.
Led by Namarata Ganatra, Founder & CEO, and Himanshu Gahlot CTO, Sturish is an eCommerce growth platform using AI and machine learning to help establish and grow online businesses across multiple channels and global markets. The company uses data driven tools to optimize how products are advertised and listed across marketplaces – and handles all associated shipping, logistics, taxes, and compliance. Sturish’s business model is built on aligned incentives with no initial costs. Sturish only makes money if and when customers’ products sell.
It is currently in private beta with a few customers across multiple countries.
FinSMEs
27/01/2021