How Much Did Amify Raise?
Funding & Key Investors

Amify, a prominent player in the e-commerce enablement sector, has successfully secured a total of $16.9M in capital to date. This trajectory of financial backing underscores the company's robust growth and its critical role in the digital retail ecosystem. Most recently, the firm finalized a major strategic investment totaling $10M, a move that signals strong investor confidence in its proprietary marketplace optimization technology and its ability to scale operations within the competitive Amazon landscape.

What is Amify?

Amify
Business ServicesAdvertising NetworksProject Management

Amify operates as a sophisticated, venture-backed solution provider designed to help brands navigate the complexities of the Amazon marketplace. By leveraging a proprietary platform that integrates advanced data analytics, machine learning, and artificial intelligence, the company offers a comprehensive suite of tools for marketplace optimization and advertising. This end-to-end approach allows brands to gain granular insights into their performance metrics while automating advertising spend to maximize return on investment. As a two-time Inc. 500 award winner, Amify has established itself as a vital partner for hundreds of brands, providing the strategic infrastructure necessary to adapt to the rapidly shifting e-commerce environment and maintain a competitive edge in a high-volume digital sales channel.

How much funding has Amify raised?

Amify has raised a total of $16.9M across 4 funding rounds:

2019

Series A

$5.8M

2020

Debt

$350K

2021

Debt

$778K

2023

Series B

$10M

Series A (2019): $5.8M with participation from Dundee Venture Capital, CincyTech, Mercury Fund, SaaS Venture Capital, and Nigel Morris

Debt (2020): $350K led by PPP

Debt (2021): $778K supported by PPP

Series B (2023): $10M featuring CincyTech, Mercury Ecommerce Acquisition, and SaaS Ventures

Key Investors in Amify

Dundee Venture Capital

A venture capital firm specializing in commerce enablement and supply chain technologies, focusing on innovations from the website to the warehouse.

CincyTech

A public-private seed-stage investor based in Ohio, focusing on enterprise software, business applications, and digital health sectors.

SaaS Venture Capital

A multi-stage venture capital firm that invests in visionary B2B SaaS founders, utilizing pro-rata rights to support scaling across the country.

What's next for Amify?

With the infusion of capital from its latest funding round, Amify is well-positioned to accelerate its product development roadmap and expand its market reach. The company's focus on enterprise-level scaling suggests a strategic pivot toward enhancing its AI-driven automation capabilities and deepening its integration with broader e-commerce ecosystems. By utilizing these resources to refine its data-centric methodology, Amify aims to solidify its leadership position, providing clients with even more precise tools to manage their digital storefronts. As the e-commerce landscape continues to consolidate, Amify's ability to deliver measurable performance improvements will likely remain a key driver of its long-term valuation and market influence.

See full Amify company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesSoftware TestingComputer Equipment & PeripheralsManufacturing
Business ServicesSoftware TestingProject Management
Accounting for Legal PracticesBusiness Services
Business ServicesProject Management

Frequently Asked Questions Regarding Amify Financial Insights

What are the most recent funding rounds that Amify has completed, and what were the funding rounds?
Amify has recently completed 3 funding rounds: Series B on May 23, 2023, Debt on Jan 29, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Amify has raised to date?
Amify has raised a total of $16.9M in funding to date.
How many funding rounds has Amify completed?
Amify has completed 3 funding rounds.
How much funding did Amify raise in its most recent funding round?
Amify raised $10M in its most recent funding round.
Who are the lead investors in Amify's latest funding round?
The lead investor in Amify's latest funding round was CincyTech. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Amify's history?
The largest funding round in Amify's history was $10M.
See more information about Amify