Nosto Raises $16M in Funding
- Nosto, a Helsinki, Finland-based provider of a commerce experience platform (CXP), raised $16M in funding
- The round was led by Mandatum Asset Management’s Growth Equity team (MAM GE), with participation from OpenOcean, Wellington Partners, Eurazeo, and Tesi
- The company intends to use the funds to scale its personalized site search solution globally, accelerating the development of its platform
- The company enables online brands to deliver experiences at touchpoint, across devices
- The AI-Powered Commerce Experience Platform (CXP) empowers brands to build, launch, and optimize compelling digital experiences without the need for dedicated IT resources or lengthy implementation processes
- The company supports its clients from its offices in New York, Los Angeles, London, Kaunas, Paris, Berlin, Stockholm, Salzburg, Sydney, and Helsinki
