1.1Mrichrelevance powers next-generation merchandising and RichRelevance delivers over 850 million product outperforms collaborative filtering solutions through use of recommendations daily, powering the personalized shopping experiences for consumers shopping the world’s largest and most innovative retail brands like Walmart, Sears, Target, Marks & Spencer and John Lewis. Founded and led by the e-commerce expert who helped pioneer personalization at Amazon.com, RichRelevance helps retailers increase sales and customer engagement by recommending the most relevant products to consumers regardless of the channel they are shopping. RichRelevance has delivered more than fifteen recommendation types combined with transparent messaging, continuous optimization, and merchandiser controls. The company is privately held and 245.5 billion in attributable sales for its retail clients to date, and is accelerating these results with the introduction of a new form of digital advertising called Shopping Media which allows brands to engage consumers where it matters most in the digital aisles on eCommerce sites. The company’s the largest retail sites in world. RichRelevance is headquartered in San Francisco, California, with offices in New York, Seattle, Boston and London. For more information, please visit www.richrelevance.com.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 06/01/07 | Series A | 1.1M | Euclyptus, Osprey Ventures, Saturn Venture Partners | Unknown |
| 12/01/07 | Series B | 4.2M | Noro-Moseley DJ, Draper Richards, Greylock Partners, Elek Moreno Valle & Associates, Felicis Ventures, Tugboat Ventures | Unknown |
| 07/01/09 | Series C | 12.5M | JPMorgan Chase, Mofet Venture Fund, The Challenge Fund, Pilot House DJ, Draper Richards, Greylock Partners, Tugboat VenturesGroup LLC, Slater Technology Fund, Adobe Systems | Unknown |
| View more financial info about RichRelevance | ||||