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Optiwise

37298 Aleppo Dr, Newark, CA, 94560, United States

Overview

Optiwise.ai provides a comprehensive GenAI optimization solution for Walmart Marketplace sellers, focused on maximizing product listing and ad performance using Walmart-specific strategies. Led by co‑founder and CEO Deepak Goyal, the company introduced Olivia, an interactive AI assistant that identifies listing and ad opportunities and answers performance questions. Olivia offers content suggestions including keywords, titles, descriptions, and pricing while accounting for holidays and retail events. The assistant learns from a brand’s existing A+ content and replicates it to meet Walmart’s standards, helping brands maintain consistent stories across marketplaces. Olivia also helps ensure compliance with Walmart Marketplace guidelines such as Item Spec 5.0 by automatically identifying and assigning required product attributes, boosting organic visibility and reducing manual updates. Optiwise.ai raised $2.4M in seed funding and intends to use the proceeds to continue Olivia’s growth and development. Optiwise.ai is a cloud-based marketplace optimization platform that combines machine learning and AI with a team of data scientists to deliver actionable insights and performance optimization across marketplaces. The platform helps brands and retailers replicate success across marketplaces such as Amazon and Walmart. Since inception, Optiwise.ai has onboarded hundreds of marketplace sellers and claims to have helped them significantly grow their businesses. The company plans to use recent funding to support additional Walmart capabilities on the platform and to enable sellers to more easily replicate their Amazon success on Walmart. Optiwise.ai intends to continue investing in its product, build a world-class team, and expand its customer base beyond North America into other emerging eCommerce regions. The company is headquartered in Newark, California and operates as a SaaS marketplace optimization provider.

Total raised
$4M
Funding rounds
2
Latest round
Seed
Latest activity
Oct 2024

Industries

  • E-Commerce
  • Marketplace
Visit website

Recent funding

  1. Seed

    Oct 2024

    $2M

  2. Equity

    Nov 2022

    $1M

Team

  • Sulabh Jain

    VP of Customer Success and E-commerce Operations

    LinkedIn
  • Karthik Ponmudi

    Senior Software Engineer

    LinkedIn