# Namogoo Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/namogoo-technologies

- Industry: IT Security/Cybersecurity
- Headquarters: Boston, US
- Website: www.namogoo.com
- Total disclosed funding: $63M
- Latest round: Series C (Oct 31, 2019)
- Investors on record: 5

## About

Namogoo Technologies Ltd. specializes in delivering real-time predictive artificial intelligence solutions that enhance customer experience across digital platforms, particularly in the e-commerce sector.Founded in 2014 in Boston, US, Namogoo Technologies Ltd. focuses on providing innovative AI solutions for online businesses. The company's founding team includes Chemi Katz and Ohad Greenshpan. In October 2019, Namogoo raised USD 40 mn in Series C funding led by Oak HC/FT, with participation from GreatPoint Ventures, Blumberg Capital, and Hanaco Venture Capital. This funding round brought the total amount raised to USD 40 mn, further solidifying the company's operations in the sector.Namogoo Technologies Ltd. provides the Wandz.ai platform, which specializes in real-time predictive artificial intelligence solutions. This platform utilizes behavioral analytics to personalize online customer journeys by predicting user intent and actions. The technology is designed to optimize conversion and retention rates for e-commerce businesses, integrating seamlessly through JavaScript tags to ensure quick deployment. Wandz.ai caters mainly to the online retail sector, with clients including Ulta Beauty and Kurt Geiger, operating in North America and Europe.Namogoo employs a subscription-based revenue model, offering AI-driven services to B2B clients in retail. Clients subscribe annually or monthly for access to predictive analytics tools, with documented improvements in conversion and retention rates post-implementation. The products are created to integrate easily with existing e-commerce platforms, focusing on delivering high return on investment (ROI) for the customers.Namogoo Technologies Ltd. aims to launch new products designed to enhance its AI capabilities and expand into additional markets. The recent Series C funding of USD 40 mn will support these initiatives, allowing the company to focus on developing innovative solutions for its clients. The company is strategically planning to enter new geographical regions, specifically targeting expansion in Europe and Asia by the end of 2022.

## Funding rounds

- Series C, Oct 31, 2019, $40M — Blumberg Capital, GreatPoint Ventures, Oak HC/FT, Hanaco Venture Capital
- Series C, Mar 29, 2018, $15M — GreatPoint Ventures, Hanaco Venture Capital
- Series A, Aug 1, 2017, $8M — Blumberg Capital, GreatPoint Ventures, Inimity VC

## Investors

- Blumberg Capital (https://capitalatlas.ai/funds/blumberg-capital) — Series A, Series C
- GreatPoint Ventures (https://capitalatlas.ai/funds/greatpoint-ventures) — Series A, Series C
- Inimity VC — Series A
- Hanaco Venture Capital (https://capitalatlas.ai/funds/hanaco-venture-capital) — Series C
- Oak HC/FT (https://capitalatlas.ai/funds/oak-hc-ft) — Series C