Wevo Raises $1.6m in Seed Funding

Wevo, a Boston, MA-based artificial intelligence and crowdsourcing technology startup, raised $1.6m in seed funding.

Backers included:
– Will Graylin, Global GM of Samsung Pay;
– Frank Moss, former Director of the MIT Media Lab;
– David Chang, Entrepreneur and Angel Investor;
– Tom Rutledge, Head of Fixed Income at Magnetar Capital, and
– others.

Co-founded in 2016 by Nitzan Shaer and Janet Muto, Wevo is launching a new platform for digital marketers to test and improve website conversion before going live. The platform predicts conversion testing outcomes, provides audience insight, and allows marketers to build a more effective website. WEVO makes this possible prior to developing the site pages or launching A/B tests, which are typically required to test website effectiveness and can waste resources and time.
Clients include multiple Fortune 500 customers.



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