SmartCommerce
Latest round
- Series B
Last raised
- Aug 2023
Total raised
- $6M
Investors
- 2
About SmartCommerce
SmartCommerce, Inc.Founded in 2016 in Atlanta, US, SmartCommerce, Inc. focuses on optimizing the e-commerce experience for brands. The company has completed a total of 11 deals to date, and its founder, Jennifer Silverberg, has a background that includes previous entrepreneurial ventures.SmartCommerce specializes in enhancing e-commerce through its core product, the Master Optimization Engine (MOE), along with its Click2Cart functionality. These solutions enable brands to efficiently reach consumers across categories such as grocery, wellness, beauty, pet care, and electronics. MOE serves as a central hub, streamlining the shopping experience by allowing users to navigate through various touchpoints, effectively aligning with consumer behavior. SmartCommerce serves a wide array of clients, including leading consumer brands worldwide, and aims to improve their marketing mix by optimizing reach and conversion across digital platforms.SmartCommerce generates revenue through partnerships and collaborations with brands that utilize its proprietary technologies, particularly the MOE and Click2Cart solutions. These transactions follow a B2B model, with retailers engaging SmartCommerce to enhance their marketing strategies and consumer engagement. Clients typically enter into subscription agreements for access to SmartCommerce’s platforms and services, designed to facilitate seamless checkouts and effective retargeting strategies.In August 2023, SmartCommerce, Inc. Specific new products are under development to be launched in the coming year. Additionally, SmartCommerce aims to expand into new markets, targeting regions in Europe and Asia-Pacific by the end of 2024, thereby increasing its global footprint.
Who invested in SmartCommerce
2 investors across 1 round
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Funding rounds
Series B
Aug 17, 2023
Amount
$6M
Investors
Questions about SmartCommerce
Who invested in SmartCommerce?
SmartCommerce has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has SmartCommerce raised?
SmartCommerce has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did SmartCommerce last raise money?
SmartCommerce's most recent round on record is a Series B, in Aug 2023.
What does SmartCommerce do?
SmartCommerce is a internet company.
Where is SmartCommerce headquartered?
SmartCommerce is headquartered in Atlanta, US.
Which VCs invest in companies like SmartCommerce?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at SmartCommerce's stage. Their profiles are linked below.
VCs backing internet startups at Series B
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