Depict.ai, which provides AI-based product recommendations for e-commerce stores, has raised $17 million in Series A investment led by Tiger Global, with participation from Initialized Capital, EQT Ventures, Y Combinator and a team of angels.
Depict.ai raised $2.8 million in seed funding led by Initialized Capital, with participation from EQT Ventures, Y Combinator, Northzone.
Depict.ai will use the new VC funding to enable Depict.ai’s growing tech team to bring its recommendation engine to the rest of the e-commerce world, starting with Europe and the US. It will also be used to further invest in the product.
