Promoted.ai
Latest round
- Seed
Last raised
- Jun 2022
Total raised
- $8M
Investors
- 5
About Promoted.ai
ai, Inc.ai, Inc. operates from San Francisco, US, providing AI-driven solutions for enhanced search and advertising. Andrew Yates, one of the founders, serves as CEO.Promoted specializes in enhancing the relevance and effectiveness of ads and marketplaces through its AI Relevance Engine, which integrates advanced generative AI (GenAI) large language models (LLMs) with traditional machine learning methodologies. The core offerings of Promoted streamline search, discovery, and advertising processes for clients, ultimately aiming to improve conversion rates and revenue generation. Their technology is utilized by various customers, including platforms like Upwork, Hipcamp, Outschool, and RVshare, focusing on enhancing user experiences by better matching seekers and providers in diverse marketplace environments.Promoted's revenue model is primarily built around partnerships with businesses that leverage their AI-driven solutions for improved search and ad performance. Clients engage in business transactions through subscription-based services, where they incorporate Promoted's technology into their existing platforms to enhance user engagement and conversion rates. These partnerships typically involve agreements to utilize Promoted's proprietary technology, which has been shown to yield substantial improvements in metrics like contract starts and conversion rates. The company boasts a notable client success story from Hipcamp, which reported a 10% increase in conversion due to Promoted's services.ai, Inc. The company plans to hire more engineers to further develop its platform, enhancing its product offerings. Additionally, Promoted is focused on expanding into new markets beyond North America, targeting regions where e-commerce and online advertising are prevalent. This strategic growth aims to capitalize on the increasing demand for advanced AI-driven solutions in various marketplaces.
Who invested in Promoted.ai
5 investors across 2 rounds
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Questions about Promoted.ai
Who invested in Promoted.ai?
Promoted.ai has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Promoted.ai raised?
Promoted.ai has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Promoted.ai last raise money?
Promoted.ai's most recent round on record is a Seed, in Jun 2022.
What does Promoted.ai do?
Promoted.ai is a software company.
Where is Promoted.ai headquartered?
Promoted.ai is headquartered in San Francisco, US.
Which VCs invest in companies like Promoted.ai?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Promoted.ai's stage. Their profiles are linked below.
VCs backing software startups at Seed
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