FinTechFunding

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
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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.

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