What is ViSenze?
ViSenze operates as the world's smartest product discovery platform, empowering retailers to enhance their online and in-store customer experiences. By processing over a billion queries monthly, ViSenze's automated AI platform assists major retailers such as ASOS, H&M, and Rakuten in increasing revenue through improved search functionalities, intelligent product recommendations, and advanced merchandising analytics. Recognized by industry analysts, ViSenze is a key player in leveraging AI to make product discovery more intuitive and efficient for shoppers, thereby driving sales for merchants.
How much funding has ViSenze raised?
ViSenze has raised a total of $34M across 3 funding rounds:
Series A
$3.5M
Series B
$10.5M
Series C
$20M
Series A (2014): $3.5M with participation from Walden International, UOB Venture Management, and Rakuten, Inc.
Series B (2016): $10.5M led by UOB Venture Management, Rakuten Ventures, SPH Media Fund, Raffles Venture Partners, WI Harper Group, and Phillip Private Equity
Series C (2019): $20M supported by UOB Venture Management, Rakuten Ventures, Gobi Partners, Sonae IM, Raffles Venture Partners, Enspire Capital, WI Harper Group, Tembusu ICT Fund, 31Ventures Global Innovation Fund, SPH Ventures, and Impossible Ventures
Key Investors in ViSenze
Walden International
Walden International is a venture capital firm specializing in early-stage and expansion-stage technology companies, with a focus on internet, digital media, semiconductors, and software. They provide capital and strategic guidance to help accelerate growth.
UOB Venture Management
UOB Venture Management is a venture capital firm that invests in innovative companies across various sectors, with a particular emphasis on technology and digital businesses. They aim to partner with entrepreneurs to drive value creation and growth.
Rakuten, Inc.
Rakuten Group Inc. is a global technology conglomerate with a vast digital ecosystem, including e-commerce, FinTech, and mobile services. They invest in companies that align with their broad digital strategy.
What's next for ViSenze?
With its latest strategic investment, ViSenze is poised to further solidify its position as a critical technology provider for the global retail sector. The company's focus on AI-driven product discovery aligns with the increasing demand for personalized and seamless shopping experiences. Future growth is anticipated to involve expanding its technological capabilities, deepening its integration with existing retail partners, and potentially exploring new market segments that can benefit from advanced visual search and recommendation engines. This capital infusion will likely support R&D efforts and global market penetration.
See full ViSenze company page
