Rebuy Raises $17M in Series A Funding

Rebuy

Rebuy, a Salt Lake City, UT-based provider of a personalization platform for online retailers, raised $17M in Series A funding.

The round, which brought total funding to $21.5M, was led by M13 with participation from Dynamism Capital, R-Squared Ventures, Peterson Ventures, Sidekick Partners, Ben Jabbawy of Privy and Nik Sharma.

The company intends to use the funds to enhance its intelligence engine, expand platform capabilities, hire talent, and accelerate the development of new and innovative products like Rebuy Search, Rebuy Intelligence Graph, and Visual Editor.

Led by CEO John Erck, Rebuy is an omnichannel personalization platform empowering ecommerce brands on Shopify to increase AOV, accelerate sales, and grow quickly. The company provides a full suite of personalization, marketing, and retention services, white-glove support, and a customizable shopping cart. In the last year, Rebuy has tripled its revenue, released 218 new products or feature enhancements, and launched integrations with some of the most prominent solutions in ecommerce, including; Klaviyo, Attentive, and, Tapcart. The technology is used by 7,000+ retailers worldwide.

FinSMEs

24/02/2023