# iAdvize

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

- Industry: Software
- Headquarters: Nantes, France
- Website: www.iadvize.com
- Total disclosed funding: $43M
- Latest round: Series C (Oct 26, 2017)
- Investors on record: 6

## About

iAdvize SAS, based in France, provides AI-driven shopping assistant solutions to enhance the eCommerce experience for retailers and consumers, personalizing the shopping journey and improving customer service efficiency.Founded in 2010 in Nantes, France, iAdvize SAS offers AI solutions tailored for eCommerce. The company raised a total of EUR 12.00 mn across various funding rounds, with the most recent being a Series C round in October 2017, where they secured EUR 25.50 mn led by Bpifrance Investissement, alongside Idinvest Partners and Quadrille Capital. Jeremie Berrebi and Julien Hervouet are the founders of the company.iAdvize specializes in delivering AI-driven shopping assistant solutions designed to enhance the eCommerce experience for retailers and their customers. Their primary product, the iAdvize Copilot for Shoppers, functions by personalizing the shopping journey for users, helping them discover the right products quickly and effectively—addressing the significant challenge where 80% of shoppers struggle to find what they need. Additionally, the platform offers a Copilot for Agents, which enhances the productivity of customer service representatives, enabling them to respond to inquiries more efficiently with AI assistance. These products are particularly beneficial for eCommerce businesses across various sectors, including consumer electronics, fashion, and home goods, and are deployed in multiple geographical markets, including North America and Europe.iAdvize generates revenue through a subscription-based model, where retailers and eCommerce platforms pay for access to their AI shopping assistant solutions. Clients typically engage in partnership agreements that grant them access to the iAdvize platform, which includes features such as the Copilot for Shoppers and Copilot for Agents. The pricing structure is based on the scale of integration and the specific features utilized, with retailers investing in these advanced tools to optimize their customer interactions and conversion rates. This business model allows iAdvize to serve a diverse range of clients, from small to mid-sized eCommerce businesses to larger retail chains, all seeking to enhance their customer engagement and operational efficiency through conversational AI technology.In October 2017, iAdvize SAS raised EUR 25.50 million in Series C financing, which will be used to further develop their AI-driven solutions and expand into new markets. The funding will support the launch of new product features aimed at enhancing customer interaction and integrating advanced AI capabilities. iAdvize aims to penetrate markets in Asia and Latin America by 2025, leveraging the recent investment to establish strategic partnerships and broaden their geographical footprint.

## Funding rounds

- Series C, Oct 26, 2017, $30M — Idinvest Partners, Quadrille Capital, Bpifrance Investissement
- Series B, Oct 29, 2015, $13M — Alven, IRIS, Bpifrance Investissement
- Seed, Mar 12, 2010, $0.1M — Kima Ventures

## Investors

- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Alven (https://capitalatlas.ai/funds/alven) — Series B
- IRIS (https://capitalatlas.ai/funds/iris) — Series B
- Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Series B, Series C
- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series C
- Quadrille Capital (https://capitalatlas.ai/funds/quadrille-capital) — Series C