# Findmine

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/findmine

- Industry: Internet
- Headquarters: New York, US
- Website: www.findmine.com/
- Total disclosed funding: $17M
- Latest round: Series A (Dec 19, 2023)
- Investors on record: 9

## About

Findmine, Inc. is a US-based company that provides an AI-powered platform designed to deliver personalized styling solutions, enhancing customer engagement and driving sales for retail brands across multiple channels.Findmine, Inc. specializes in AI-driven retail solutions, focusing on personalized styling and outfit recommendations. Founded in 2014, the company is headquartered in New York, US. The founders, Mari Volkosh and Michelle Bacharach, have backgrounds in retail and technology. In December 2023, Findmine raised USD 8.69 mn in Series A funding, led by Grayhawk Capital, with investments also from Amplifyher Ventures, Frazier Capital, Hydra Ventures, PJC, RevTech Equity for Women Fund, and XRC Labs. This round brought the total amount raised to USD 8.69 mn, with a current company valuation of USD 27.285 mn.Findmine offers an AI-powered platform that provides personalized styling and outfitting solutions tailored for retail. Its core offerings include dynamic outfit recommendations that enhance customer engagement and increase average order value (AOV). The platform helps retailers showcase complementary products, turning standard product pages into immersive style experiences. Available across various sales channels, Findmine's services are utilized by a diverse clientele in fashion and sportswear, primarily across North America and Europe, targeting users seeking tailored shopping experiences.Findmine generates revenue through partnerships with retail brands utilizing its AI styling solutions via a subscription-based model. Retailers pay to access the Findmine platform, integrating its outfit recommendation engine into both e-commerce and physical retail environments. The company operates under B2B agreements, helping retailers enhance customer experiences and increase sales. Specific pricing plans are undisclosed but likely include tiered subscriptions based on the scale of integration and features offered.Following a successful funding round completed on December 19, 2023, where Findmine raised USD 8.69 mn in Series A funding, the company plans to leverage these resources to develop new products focused on enhancing its AI capabilities. Findmine is also targeting expansion into additional geographic markets, particularly in Europe and Asia, by the end of 2024. This funding will support the development of new features aimed at improving the customer experience and driving retail sales.

## Funding rounds

- Series A, Dec 19, 2023, $8.7M — PJC, Grayhawk Capital, Hydra Ventures, XRC Labs, Frazier Capital, Amplifyher Ventures, RevTech Equity for Women Fund
- Seed, Aug 22, 2022, $8.2M — X/Seed, Underscore VC

## Investors

- X/Seed (https://capitalatlas.ai/funds/x-seed) — Seed
- Underscore VC (https://capitalatlas.ai/funds/underscore-vc) — Seed
- PJC (https://capitalatlas.ai/funds/pjc) — Series A
- Grayhawk Capital (https://capitalatlas.ai/funds/grayhawk-capital) — Series A
- Hydra Ventures — Series A
- XRC Labs — Series A
- Frazier Capital — Series A
- Amplifyher Ventures (https://capitalatlas.ai/funds/amplifyher-ventures) — Series A
- RevTech Equity for Women Fund — Series A