AdeptMind
Latest round
- Series A
Last raised
- Jun 2021
Total raised
- $11M
Investors
- 5
About AdeptMind
AdeptMind Inc.Founded in 2016 and headquartered in Toronto, Canada, AdeptMind Inc. focuses on providing AI-powered solutions to optimize retail merchandising and drive product discovery.AdeptMind specializes in AI-powered merchandising, personalization, and product discovery solutions tailored for the retail sector. Their core offerings leverage advanced generative AI technologies to address key pain points in retail, including optimizing merchandising processes that are predominantly manual. The company aims to enhance e-commerce performance by driving organic traffic and improving conversion rates for retailers through tools that harness AI-driven insights. Their solutions are designed for various retail environments, catering to a diverse client base that includes major brands and e-commerce platforms across North America and Europe, where they strive to facilitate true omnichannel shopping experiences.AdeptMind's revenue model is primarily built on B2B partnerships with retailers and e-commerce businesses, offering subscription-based access to their AI-driven platforms. The company engages with clients through tailored solutions that can include implementation fees and ongoing service agreements, ensuring a consistent revenue stream while delivering value to their partners. Typical transactions involve the provision of proprietary merchandising and discovery tools that help retailers maximize return on ad spend (ROAS) and improve overall marketing efficiency. AdeptMind’s flagship services are designed to address the increasing complexities of digital marketing in retail, allowing clients to effectively navigate rising costs associated with paid advertising and optimize their marketing budgets.In June 2021, AdeptMind Inc. The company is also targeting to expand its offerings into new geographic markets across North America and Europe, aiming for a broader reach by 2023.
Who invested in AdeptMind
5 investors across 2 rounds
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Questions about AdeptMind
Who invested in AdeptMind?
AdeptMind has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AdeptMind raised?
AdeptMind has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did AdeptMind last raise money?
AdeptMind's most recent round on record is a Series A, in Jun 2021.
What does AdeptMind do?
AdeptMind is a software company.
Where is AdeptMind headquartered?
AdeptMind is headquartered in Toronto, Canada.
Which VCs invest in companies like AdeptMind?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at AdeptMind's stage. Their profiles are linked below.
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