Unbxd provides a cloud-based, AI-powered product discovery platform that delivers personalized site search, navigation, product recommendations and merchandising for online retailers. Its proprietary Intelligence Engine captures and processes more than 50 shopper data signals to understand user intent and improve shopping experiences. The platform handles more than 1.5 billion shopper interactions a month and aims to help retailers recover 15%–40% of revenue lost to poor product discovery. Unbxd reported revenue growth of 400% in the past year and has expanded its Internet Retailer 500 customer base with clients including Ashley HomeStore, Express and FreshDirect. The company plans to invest its recent funding to enhance the Intelligence Engine and accelerate its go-to-market efforts. Unbxd also intends to open new offices in Chicago and New York to be closer to customers. Unbxd operates a product recommendation platform that helps e-commerce sites increase sales by recommending the right products to visitors. Its platform is used by product managers, category managers and marketers to control search, navigation and deliver a higher level of personalization across websites. The system tracks online shoppers in real time to power personalized shopping experiences. The company was founded in October 2011 by Pavan Vilas Sondur (CEO) and Prashant Kumar (CTO) and is based in Bangalore. Unbxd claims to have served 200 million online shoppers to date. The company plans to use new funds to scale the product, hire talent and develop infrastructure. Unbxd offers SmartEngage, a product-recommendation platform that helps e-commerce sites increase sales by recommending the right products to visitors. The SmartEngage platform tracks online shoppers in real time and enables personalized search, navigation and product recommendations for product managers, category managers and marketers. The company says the platform improves marketing ROI and aids conversion optimization without increasing marketing spend. Unbxd plans to use its new funding to strengthen its presence in India and to expand to Singapore and North America, and to ramp up R&D. The company was founded in October 2011 by Pavan Vilas Sondur (CEO) and Prashant Kumar (CTO).

Total raised

$15M

Funding rounds

3

Latest round

Series C

Latest activity

Jun 2017