What is PredictSpring?
Founded in 2013, PredictSpring operates a comprehensive commerce platform tailored for brands and retailers. Its technology suite encompasses Modern POS, digital commerce with consumer mobile applications, and store associate tools such as Clienteling and Endless Aisle. By seamlessly integrating online and in-store customer experiences, PredictSpring enables personalized customer engagement and efficient transaction processing. The platform's no-coding Content Management System empowers merchandisers to craft bespoke, on-brand experiences featuring personalized promotions and loyalty programs, serving both B2B and B2C markets with enterprise resource planning software solutions for the retail sector across North America.
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 Beanstalk Ventures and Felicis Ventures
Series B (2022): $16M supported by Salesforce, Novel TMT Ventures, and Felicis Ventures
Key Investors in PredictSpring
Salesforce
Salesforce is a global leader in customer relationship management (CRM) software, providing a comprehensive suite of cloud-based solutions for sales, customer support, digital marketing, and e-commerce. They specialize in helping businesses transform customer relationships through innovative technology.
Felicis Ventures
Felicis Ventures is a venture capital firm that invests in early and growth-stage technology companies across sectors like SaaS, AI, and fintech, often leading seed and Series A rounds to support founders through scaling and exit.
Novel TMT Ventures
Novel TMT Ventures is an investment firm that participates in funding rounds for technology, media, and telecommunications companies, indicating a strategic interest in the digital commerce sector.
What's next for PredictSpring?
The substantial enterprise-level backing indicates PredictSpring is poised for accelerated scaling and further technological innovation. This strategic investment will likely fuel the expansion of its platform capabilities, enhance its market reach, and potentially support new product development initiatives. The company's focus on bridging online and offline retail experiences positions it to capitalize on evolving consumer behaviors and the increasing demand for unified commerce solutions. Future growth may involve deeper integration with existing retail ecosystems and the development of advanced analytics to further personalize customer journeys.
See full PredictSpring company page
