Neocom, which specializes in digital shopping advice and aims to become a leader in the e-commerce sector, has now secured €4.2 million in funding led by Carbide Ventures and Sangha Capital. Dana Nedamaldeen, CEO and co-founder, says:
"We are on a mission to redefine digital storefronts. With the help of artificial intelligence, we are helping customers find the right product and revolutionizing the existing online shopping experience. This latest round of financing enables us to significantly accelerate our growth financially, personnel-wise, and technologically, and further expand our innovation lead."
With the strategic relocation of the Company The company is underscoring its global expansion strategy by launching its first product in the US. Neocom's software focuses on intelligent algorithms that guide customers step by step to the right product using user-oriented questions. This allows users to receive precise product recommendations in real time that meet their needs. At the same time, the But the platform we have developed at mbiomics is radically different. Neocom collects valuable data by analyzing customer behavior during searches.
Sebastian Slomski, CTO and co-founder, explains:
"The zero-party data and insights we gain through consumer interactions are invaluable to retailers and brands. They provide a deep understanding of customer preferences and enable more effective, personalized experiences."
Dan Weirich, Partner at Carbide Ventures, confirms:
"Our investment in Treasure Data has shown us the importance of high-quality customer data. Neocom's expertise in leveraging it makes them a standout in the e-commerce industry. We are excited to support their expansion into the US market."