Eversight Raises $14.5M in Funding
Summary
Eversight, a Palo Alto, Calif.-based provider of offer innovation software designed to improve promotion performance for consumer goods companies and retailers, raised $14.5M in funding.The round was led by Sutter Hill Ventures with participation from previous investor Emergence Capital.The company intends to use the funds to expand operations.Founded in 2013 by Jamie Rapperport, CEO, Eversight provides a SaaS-based offer innovation platform that enables brands and the retailers they sell through to digitally test, adapt, target and validate in-store promotions before they’re introduced at retail.The company partners with consumer goods companies and retailers including Anheuser-Busch InBev, BIC, Coca-Cola, Ferrero and Kimberly-Clark.
Funding
Amount
$14.5M
Total raised
Date
April 18, 2016
Announcement date
Investors
Sutter Hill Ventures, Emergence
Lead investors
Company
http://www.eversightlabs.com
Funded company
Classifications
industries
Retail
applications
AI & Machine learning
AskAI Classifications
Labels
Software as a Service (SaaS)
Artificial Intelligence
Retail Pricing Optimization
Linked Companies
Eversight
$10M to $25M