Optiversal Raises $4.2M in Seed Funding

Optiversal

Optiversal, a St. Petersburg, FL-based generative AI content provider, raised $4.2M in Seed funding.

The round was led by Bling Capital, with participation from Alpaca Ventures and Red Sea Ventures.

The company intends to use the funds to accelerate its growth by investing in product development, its tech and infrastructure, as well as increasing efforts to meet growing customer demands.

Founded by Will Underwood, Lucas Tieleman, and Jarrod Wolf, Optiversal provides an AI-powered content creation platform, which eliminates operational and technical barriers to producing a content at scale for Retailers. Since its launch, the AI, NLP, and GPT-3 powered content and merchandising platform has converted missed content opportunities into traffic-generating landing pages, delivering material revenue for enterprises while improving the consumer experience.

Customers include top-20 retailers.

FinSMEs

06/07/2023