Voilà!, a Los Angeles, CA- and Beijing, China-based AI-driven social commerce platform, raised $6m in series A funding.
The round was led by Sinovation Ventures and joined by FOSUN RZ Capital, Artesian, and SOSV.
The company intends to use the funds to expand its engineering team as well as its marketing team in Los Angeles.
Led by Ke Shang, founder and CEO, Voilà! enables creators on social media platforms such as Instagram, TikTok, and YouTube to create a custom storefront populated with products from popular brands and retailers that match the creators’ interests. AI-based systems help automate product selection and updating. The creators share their storefronts using the link-in-bio on the social platforms and collect affiliate revenue for products sold through their storefronts.
Voilà has a creator community of 15,000 people and their storefronts currently attract 3.2 million unique visitors each month. The company works with more than 16,000 brands and retailers to make 3+ million products available to creators. It has 40 employees based mainly in Los Angeles and Beijing.
FinSMEs
16/02/2022