Teikametrics Raises $40M Series B to Expand AI-powered Optimization Platform for Sellers

19 Jul, 2021

Teikametrics Raises $40M Series B to Expand AI-powered Optimization Platform for Sellers
Photo by Henry Desro on Unsplash

– Teikametrics, the leading optimization platform for sellers on Amazon and Walmart, announced the completion of a $40m Series B round led by Intel Capital, one of the world’s top investors in AI technology.
GoDaddy, the company that empowers everyday entrepreneurs, participated in the round as well as Centana Growth Partners and Lydia Jett, Head of ecommerce at Softbank Vision Fund as an individual strategic investor.
– Existing investors Jump Capital and Granite Point Capital also joined in the round.
– The new funding will drive the expansion of Teikametrics’ AI-powered SaaS platform, Flywheel 2.0, and support the ecommerce pioneer’s mission to bring cutting-edge decision-making capabilities to every online seller in the world.

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