Custora Raises $13.75M Series B from General Catalyst to Power Customer-Obsessed Commerce

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Summary

Custora’s software unifies data from disparate sources, automatically creates rich AI-powered predictive analysis (e.g., lifetime value, personas), and then puts those analytics to use across every internal team and customer touchpoint.According to Deloitte , winning and retaining customers in the digital era requires a mix of personalization, relevance, exclusivity and engagement across in-store and e-commerce.Today’s top retailers are building capabilities in machine learning helping them better understanding customer feedback and make smart product recommendations.But, the penalty for ignoring data-driven customer insights will be high in the ultra-competitive retail environment,” said Larry Bohn, managing director at General Catalyst.Custora serves more than 100 customer obsessed brands around the world including Nordstrom, Ann Inc., Tiffany & Co., Crocs, and Teleflora.

$ Funding

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Amount $13.8M Total raised
Date September 6, 2018 Announcement date
Investors Fairchild Fashion Media, General Catalyst, Foundation Capital Lead investors
Company http://www.custora.com Funded company

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