What is PredictSpring?
Founded in 2013, PredictSpring operates as a sophisticated commerce platform tailored for brands and retailers seeking to unify their omnichannel presence. The company provides a comprehensive suite of tools, including Modern POS, digital commerce mobile applications, and store associate solutions such as Clienteling and Endless Aisle. By integrating these disparate touchpoints into a single, cohesive ecosystem, PredictSpring enables retailers to deliver personalized customer experiences while optimizing operational efficiency. Their no-coding mobile commerce platform, supported by a robust Content Management System, empowers merchandisers to deploy on-brand promotions and loyalty programs without the need for extensive technical overhead. This enterprise-level approach to retail technology has established PredictSpring as a vital partner for businesses navigating the complexities of modern consumer engagement.
How much funding has PredictSpring raised?
PredictSpring has raised a total of $29.4M across 3 funding rounds:
Private Equity
$2M
Series A
$11.4M
Series B
$16M
Private Equity (2015): $2M with participation from Beanstalk Ventures
Series A (2016): $11.4M led by Felicis Ventures and Beanstalk Ventures
Series B (2022): $16M supported by Salesforce, Novel TMT Ventures, and Felicis Ventures
Key Investors in PredictSpring
Salesforce
A global leader in customer relationship management software, providing a comprehensive suite of cloud-based solutions for sales, service, marketing, and commerce.
Felicis Ventures
A Menlo Park-based venture capital firm that raises multistage funds to invest in early and growth-stage technology companies across sectors such as SaaS, AI, and fintech.
Beanstalk Ventures
An investment firm focused on supporting high-growth technology companies through strategic capital and operational guidance.
What's next for PredictSpring?
With the recent strategic investment, PredictSpring is poised to deepen its integration capabilities and scale its enterprise resource planning software solutions. The company is expected to focus on enhancing its AI-driven personalization engines and expanding its suite of store associate applications to meet the evolving demands of the retail sector. By leveraging the expertise of its strategic backers, PredictSpring aims to solidify its market position as a leader in the digital transformation of physical retail, ensuring that brands can maintain seamless, high-touch interactions across all customer touchpoints. The focus remains on driving long-term value through technological innovation and strategic market expansion.
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