Daash Intelligence, a San Francisco, CA-based AI-powered predictive commerce intelligence platform for retail brands, raised $5.5M in Second Seed funding.
The round, which brought total funding to date to $8.25M, was led by Bullpen Capital with participation from GFT Ventures as well as from returning investors Silicon Road Ventures and Red Bike Capital.
The company intends to use the funds to scale its engineering and go-to-market teams and accelerate product development to meet demand for actionable data insights that enable beauty brands of all sizes to spot and leverage white space market opportunities.
Led by CEO Philip Smolin, Daash provides a platform that enables weekly retailer-specific updates for color cosmetics, skincare, fragrance, haircare, personal care and other brands seeking to understand how they are performing compared to their full set of competitors. Its proprietary AI combines multiple data sources to generate highly accurate sales and velocity estimates each week. By highlighting how key metrics shift over time, Daash solves one of beauty brands’ perpetual challenges—gaining visibility into what brands, products and SKUs are gaining and losing share and why—enabling them to make better data-driven decisions and optimize performance.
FinSMEs
14/01/2025