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Tuesday, July 16, 2019

Amperity Secures $50M in Series C Funding

Amperity, a Seattle, WA-based AI-powered Customer Data Management platform, raised a $50M Series C financing.

Backers included Tiger Global Management, Goldman Sachs, Declaration Partners, Madera Technology Partners, Madrona Venture Group, and Lee Fixel.

The company, which has now raised total funding to-date to $87m, intends to use the funds to accelerate new capabilities, as well as expand into new verticals including financial services, automotive, insurance, and healthcare, while continuing to grow within the retail, travel, and hospitality industries.

Led by Kabir Shahani, CEO and co-founder, Amperity leverages artificial intelligence to provide a Customer Data Management platform for companies to connect, identify, and understand their customers, improve marketing performance, accelerate accurate customer insights, and enable customer experiences.

The company serves brands such as Alaska Airlines, Starbucks, The Gap Inc, Moët Hennessy USA, Wynn Resorts, Kendra Scott, Lucky Brand, Planet Fitness, Seattle Sounders, Stanley, and many more.

Source. FinSMEs, Staff, July 15, 2019

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