Chord, a New York-based provider of a platform as a service for modern commerce, raised $15M in Series A Extension funding.
The round was was co-led by Bright Pixel Capital and Eclipse, with participation from GC1 Ventures, TechNexus Venture Collaborative, Anti Fund VC, Imaginary Ventures, Foundation Capital and White Star Capital.
The company intends to use the funds to expand its data capabilities and to support the product’s availability to larger customers.
Led by CEO Bryan Mahoney, Chord provides a Platform as a Service that offers commerce businesses technology and data products that help enhance their businesses by giving them headless commerce technology and access to meaningful first-party data. The infrastructure integrates into a brand’s system and is pre-configured and instrumented for data collection and modeling, as well as synthesized insights.
Its offering of scalable headless tech software, paired with its data management, insights, and governance tools, is made for commerce entrepreneurs by commerce entrepreneurs.
Chord has recently expanded its leadership team to include David Dewey, CTO (Former Chief Data Science Officer, Mailchimp), Susie Korb, VP of Finance (Finance, Toast; Head of Legal Entity Strat, Morgan Stanley) , and Jamie Deveney, VP of Data (Former VP of Data at Imperfect Foods). Chord’s current customers includes Caraway, Loverboy, and Joopiter, among others.
FinSMEs
20/01/2023