Constructor Revolutionizes Ecommerce with $25M Series B Funding

June 18, 2024, 3:33 am
Constructor
Constructor
Artificial IntelligenceDataE-commerceLearnNatural Language ProcessingOptimizePlatformProductRecommendationsSearch
Founded date: 2015
Total raised: $25M
Constructor, a San Francisco-based AI-powered product discovery and search platform for enterprise ecommerce companies, has tripled its valuation to $550M with a recent $25M Series B funding round led by Sapphire Ventures. The company, led by CEO Eli Finkelshteyn and Dan McCormick, plans to use the funds to accelerate product development, innovation, and international expansion. Constructor's AI-first solutions have already generated impressive results for brands like Sephora, Petco, and Birkenstock, driving significant revenue lifts and personalized shopping experiences. With a focus on optimizing ecommerce metrics like conversion rate and profit, Constructor is reshaping the way customers discover products online.

Constructor's European Expansion Plans Unveiled After $25M Series B
Constructor, a leading product discovery and search platform for enterprise ecommerce companies, is set to expand into Europe following a successful $25M Series B funding round. With a valuation of $550M, Constructor has raised over $85 million to date, attracting investors like Sapphire Ventures and Silversmith Capital Partners. The company's clickstream-based AI technology has proven to enhance ecommerce product discovery, leading to increased revenue and customer satisfaction for brands like Sephora and Petco. As the demand for advanced AI solutions in ecommerce grows, Constructor is poised to set a new standard in personalized shopping experiences, driving value for customers worldwide.