# Retina AI

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

- Industry: Software
- Headquarters: Santa Monica, US
- Website: www.retina.ai
- Total disclosed funding: $8M
- Latest round: Series A (Jun 29, 2021)
- Investors on record: 6

## About

Retina AI Inc. leverages advanced predictive analytics to enhance customer lifetime value (CLV) for e-commerce and subscription businesses, optimizing marketing strategies through data-driven insights.Founded in 2017 and headquartered in Santa Monica, US, Retina AI Inc. specializes in predictive analytics solutions. Co-founded by Emad Hasan, Brad Ito, and Michael Greenberg, the firm raised USD 8.00 mn in Series A funding on June 29, 2021, with investors including Alpha Intelligence Capital and Vertical Venture Partners. This funding has been pivotal for expanding their operations and offerings.Retina AI specializes in providing advanced predictive analytics solutions focused on Customer Lifetime Value (CLV) for e-commerce and subscription-based businesses. The core product offering is Retina's Predictive CLV, which enables brands to accurately forecast customer behavior and revenue through data analytics, backtesting, and a user-friendly data explorer. This service delivers high levels of accuracy (90%+) in customer value predictions within hours, allowing clients to make informed decisions regarding media payback and customer performance. The primary clientele includes notable brands such as Dollar Shave Club, indicating a focus on companies that require rapid, data-driven insights to optimize their marketing tactics. Retina's solutions are applicable in various geographical markets, catering to businesses looking to enhance customer acquisition and retention strategies, particularly in North America and Europe.Revenue generation for Retina AI is primarily structured around subscription-based services that provide clients with ongoing access to its predictive analytics platform. Clients enter into agreements that typically involve annual subscriptions, which include features such as dashboards, performance reports, and real-time analytics for customer segmentation and forecasting. The firm’s flagship product, the Predictive CLV, serves as the cornerstone of its offerings, ensuring clients can derive actionable insights from their data. Each subscription tier is designed to cater to varying business needs, allowing firms to scale their analytics capabilities as required. The transaction structure is straightforward, facilitating seamless integration and ongoing support for clients across different sectors, thereby promoting long-term partnerships and sustained revenue streams.Following the Series A funding round on June 29, 2021, Retina AI Inc. plans to utilize the USD 8.00 mn raised to drive growth, enhance its digital platform capabilities, and support ongoing hiring efforts. The company is focused on expanding its services into new markets, particularly targeting additional regions across North America and Europe by 2023 to broaden its reach and client base.

## Funding rounds

- Series A, Jun 29, 2021, $8M — Vertical Venture Partners, Alpha Intelligence Capital
- Seed, Sep 1, 2017 — Comcast Ventures, Crosscut Ventures Management, Luma Pictures, Stage Venture Partners

## Investors

- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures) — Seed
- Crosscut Ventures Management (https://capitalatlas.ai/funds/crosscut-ventures-management) — Seed
- Luma Pictures — Seed
- Stage Venture Partners (https://capitalatlas.ai/funds/stage-venture-partners) — Seed
- Vertical Venture Partners (https://capitalatlas.ai/funds/vertical-venture-partners) — Series A
- Alpha Intelligence Capital (https://capitalatlas.ai/funds/alpha-intelligence-capital) — Series A