# OneLook

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

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.lily.ai/
- Total disclosed funding: $51M
- Latest round: Series B (Dec 18, 2023)
- Investors on record: 12

## About

Based in the US, OneLook Inc. specializes in enhancing e-commerce product content with an AI-optimized platform that improves searchability and conversion rates across retail channels.OneLook Inc. was founded in 2015 in Mountain View, US, focusing on utilizing artificial intelligence to optimize e-commerce product content. The company has raised a total of USD 12.4 mn in its Series B funding round, led by Conductive Ventures, with participation from other investors. The company has completed 6 deals and is currently valued at USD 175.99 mn. The founders include Ashley Rivera, Purva Gupta, Sowmiya Narayanan, and Syed Saif, with Purva Gupta currently serving as CEO.Lily AI specializes in enhancing e-commerce product content through its AI-optimized platform, which improves search and discovery across various retail channels. The core offerings focus on enriching product descriptions, attributes, and titles with language that resonates with consumers, enhancing search engine visibility and conversion rates. This technology enables retailers in sectors such as fashion, home goods, and beauty to align their product catalogs with current market trends, holidays, and consumer preferences. By employing advanced AI models and proprietary datasets, Lily AI provides insights that help retailers tailor their online presence to effectively engage shoppers. The company primarily serves clients across North America and Europe, partnering with leading brands and retailers to drive incremental sales and improve overall site performance.Lily AI generates revenue through subscription-based services and partnerships with retailers and brands. Clients engage with the platform via structured agreements that offer access to product enrichment tools and ongoing analytics support. These partnerships facilitate B2B transactions where retailers leverage Lily AI’s technology to optimize product listings, increasing traffic and sales conversions. Specific pricing plans are tailored to individual client needs, encompassing various service tiers depending on the scale and complexity of the retailer’s catalog. The flagship services enhance product discovery and marketing effectiveness, resulting in measurable increases in web traffic and sales performance.In December 2023, OneLook Inc. raised USD 12.4 mn in Series B funding, part of a larger USD 20 mn round, led by Conductive Ventures with participation from returning and new investors. The company plans to utilize this funding to expand its management into worldwide markets, integrate greater social and eCommerce platforms, and enhance the delivery of enterprise-grade AI solutions across the retail value chain. Upcoming initiatives include launching new products designed to further optimize e-commerce experiences and targeting expansion into new geographic regions to broaden its market presence.

## Funding rounds

- Series B, Dec 18, 2023, $12M — New Enterprise Associates, Canaan Partners, Sorenson Capital, Cendana Capital, Conductive Ventures, Counterpart Ventures, Transform Capital
- Series B, May 25, 2022, $24M — New Enterprise Associates, Canaan Partners, Sorenson Capital, Conductive Ventures
- Series A, Jan 3, 2020, $13M — New Enterprise Associates, Canaan Partners, Unshackled Ventures, Fernbrook
- Seed, Dec 13, 2017, $2M — New Enterprise Associates, TriplePoint Capital, Global Founders Capital, Think + Ventures, Unshackled Ventures
- Seed, Aug 1, 2016 — Unshackled Ventures

## Investors

- Unshackled Ventures (https://capitalatlas.ai/funds/unshackled-ventures) — Seed, Series A
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Seed, Series A, Series B
- TriplePoint Capital (https://capitalatlas.ai/funds/triplepoint-capital) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Think + Ventures (https://capitalatlas.ai/funds/think-ventures) — Seed
- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Series A, Series B
- Fernbrook (https://capitalatlas.ai/funds/fernbrook) — Series A
- Sorenson Capital (https://capitalatlas.ai/funds/sorenson-capital) — Series B
- Conductive Ventures (https://capitalatlas.ai/funds/conductive-ventures) — Series B
- Cendana Capital (https://capitalatlas.ai/funds/cendana-capital) — Series B
- Counterpart Ventures (https://capitalatlas.ai/funds/counterpart-ventures) — Series B
- Transform Capital (https://capitalatlas.ai/funds/transform-capital) — Series B