Lily AI: Closes $25M Series B Funding

Lily AI Closes $25M Series B Funding

  • Lily AI, a Mountain View, CA-based provider of a product attributes platform, raised $25M in Series B funding
  • The round was led by Canaan Partners, Conductive Ventures, Sorenson Ventures and NEA
  • LilyAI provides a product attributes platform that injects the language of the customer across the existing retail stack, connecting shoppers with the relevant products they’re looking to buy
  • The company’s AI-powered image recognition extracts over 15,000 product attributes, allowing retailers to configure ten times more attributes for every product
  • It is already serving enterprise clients such as Bloomingdale’s, The Gap, Macy’s, thredUP and other
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...