2 years ago

Upp.AI Raises $10 Million to Automate Ecommerce Ad Spend

  • Upp.AI, a London-based startup that provides software tools for ecommerce firms to improve sales and product discovery, has secured $10 million in funding led by California-based VC Bonfire Ventures

  • The company's platform analyzes data from ecommerce businesses with the goal of optimizing ad spend, product discovery and ultimately boost sales

  • Upp.AI aims to be the “ecommerce operating system of choice for all retailers by 2025” and processes thousands of data points to react to stock alert changes and capitalize on online shopping trends

  • The investment will be used to expand the team, accelerate the growth of sales and marketing, expand geographically and launch new automation solutions for retailers.

      • ProblemTechnology

      "Ecommerce businesses struggle to effectively optimize ad spending, product discovery, and sales growth in a complex and competitive online retail environment."

      Solution

      "Upp.AI offers an AI-powered ecommerce optimization platform that analyzes data to improve ad spend efficiency, enhance product discovery, and ultimately drive sales growth for online retailers."

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