Traverz
AI-driven product search enhancing consumer decision-making and reducing complexity in online marketplaces.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | CHF625k | Seed | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Traverz operates in the e-commerce and online marketplace sector, providing an AI-driven product search and recommendation technology. The company serves e-commerce platforms and online marketplaces, helping them improve the consumer search experience. Traverz's core product is a conversational recommendation engine that integrates seamlessly into existing platforms via standard APIs. This technology alleviates decision paralysis and reduces complexity for consumers by offering an iterative, feedback-driven search process that organically narrows down relevant items from a vast product range. Traverz makes money through a B2B model, charging e-commerce platforms and marketplaces for integrating its advanced search technology. The company's solution not only enhances user satisfaction but also drives key performance indicators (KPIs) such as conversion rates and customer retention.
Keywords: AI-driven, product search, e-commerce, online marketplaces, conversational recommendation, decision-making, complexity reduction, B2B model, API integration, user satisfaction.