# PowerReviews

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

- Industry: Software
- Headquarters: Chicago, US
- Website: www.powerreviews.com
- Total disclosed funding: $72M
- Latest round: Series B (Jul 10, 2014)
- Investors on record: 7

## About

PowerReviews Inc., based in the US, specializes in user-generated content solutions that enhance customer engagement and conversion rates for brands and retailers through comprehensive ratings and reviews.PowerReviews Inc. provides user-generated content solutions that assist brands and retailers in improving customer interactions. Founded in 2006 and headquartered in Chicago, US, the company has undergone significant changes, including a recent acquisition by 1WorldSync, Inc. in August 2023, aimed at enhancing online product detail page solutions. The firm has successfully completed 10 deals, with its latest funding round being Series B, where it raised USD 35.00 mn led by ABS Capital Partners.PowerReviews specializes in user-generated content (UGC) solutions, empowering brands and retailers to boost customer engagement and drive conversions through ratings and reviews. Their suite of tools enables the collection, display, and analysis of UGC across various platforms, catering to brands and retailers aiming to enhance their marketing strategies. Utilizing advanced analytics, including natural language processing, the company helps clients optimize product positioning and marketing effectiveness, serving well-established brands in sectors like health and beauty, grocery, apparel, and footwear, primarily in North America and Europe.PowerReviews generates revenue through subscription-based models that provide clients with access to its comprehensive UGC solutions. The company partners with brands and retailers to integrate its services into existing digital platforms, tailoring plans that align with specific business needs. Their flexible pricing structures cater to both small businesses and large enterprises, focusing on UGC syndication and analytics to drive customer engagement and conversion rates.Following the acquisition by 1WorldSync, Inc. on August 22, 2023, PowerReviews plans to leverage the enhanced capabilities to improve online product detail page solutions. The recent funding will support these initiatives, positioning the company for growth in the user-generated content market. PowerReviews is expected to design and launch new products aimed at expanding its service offerings, although specific details and release dates have yet to be disclosed. The company's strategy includes targeting new markets for expansion, particularly focusing on enhancing its presence in North America and Europe.

## Funding rounds

- Series B, Jul 10, 2014, $35M — ABS Capital Partners
- Series C, Apr 15, 2011, $10M — Menlo Ventures, Woodside Fund, Tenaya Capital, Four Rivers Group
- Series B, Dec 28, 2009, $4.9M — Menlo Ventures, Draper Richards Kaplan Foundation, Tenaya Capital
- Series B, Sep 6, 2007, $15M — Menlo Ventures, Draper Richards Kaplan Foundation, Tenaya Capital, Atomico
- Series A, Dec 1, 2005, $7M — Menlo Ventures, Draper Richards Kaplan Foundation

## Investors

- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series A, Series B, Series C
- Draper Richards Kaplan Foundation (https://capitalatlas.ai/funds/draper-richards-kaplan-foundation) — Series A, Series B
- Tenaya Capital (https://capitalatlas.ai/funds/tenaya-capital) — Series B, Series C
- Atomico (https://capitalatlas.ai/funds/atomico) — Series B
- Woodside Fund (https://capitalatlas.ai/funds/woodside-fund) — Series C
- Four Rivers Group (https://capitalatlas.ai/funds/four-rivers-group) — Series C
- ABS Capital Partners (https://capitalatlas.ai/funds/abs-capital-partners) — Series B