# Nacelle

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

- Industry: Internet
- Headquarters: Santa Monica, US
- Website: www.nacelle.com
- Total disclosed funding: $59M
- Latest round: Series B (Aug 19, 2021)
- Investors on record: 7

## About

Nacelle, Inc. provides AI-driven personalization solutions for e-commerce, enhancing the shopping experience through tailored product recommendations and customer interactions that adapt to individual user behaviors.Nacelle, Inc. was founded in 2019 in Santa Monica, US, and specializes in AI-driven personalization for e-commerce. Brian Anderson is both the founder and CEO, bringing experience from previous ventures. The company has raised a total of USD 40.5 mn, with its most recent funding round being a Series B led by Tiger Global Management on August 19, 2021. The funding aims to accelerate customer success and product development, driving their growth strategy.Nacelle specializes in AI-driven personalization solutions tailored for the e-commerce sector. Their main product, powered by the AI named Paige, analyzes user intent to deliver personalized product recommendations, enhancing customer engagement. Nacelle’s services are deployed by various clients, including FTD, Rhone, and Boll & Branch, across North America and Europe, addressing the challenges of generic online shopping.Nacelle operates primarily on a subscription model, allowing e-commerce brands to access its AI personalization technology. Clients engage through a seamless onboarding process, benefiting from a range of subscription tiers based on their needs. Revenue is generated from ongoing subscription fees, facilitating integration of Nacelle's AI merchandising capabilities into client platforms.Following a Series B funding round of USD 40.5 mn in August 2021, led by Tiger Global Management, Nacelle plans to accelerate its go-to-market strategy while enhancing customer success and partner relations. The company aims to expand its product development and penetrate new markets, particularly targeting regions in North America and Europe for future growth.

## Funding rounds

- Series B, Aug 19, 2021, $41M — Tiger Global Management
- Series A, Jan 12, 2021, $18M — Index Ventures, Inovia Capital, Lerer Hippeau Ventures, Silas Capital, Accomplice, High Alpha

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A
- Inovia Capital (https://capitalatlas.ai/funds/inovia-capital) — Series A
- Lerer Hippeau Ventures — Series A
- Silas Capital (https://capitalatlas.ai/funds/silas-capital) — Series A
- Accomplice (https://capitalatlas.ai/funds/accomplice) — Series A
- High Alpha (https://capitalatlas.ai/funds/high-alpha) — Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B