Tech Company Financing Transactions
Lily AI Funding Round
Lily AI closed a $12.5 million Series A investment round on 1/10/2020. Backers included Canaan Partners, Fernbrook Convergence Fund and New Enterprise Associates.
Transaction Overview
Company Name
Announced On
1/10/2020
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
883 N Shoreline Blvd.
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Undisclosed
Website
Email Address
Overview
One of the biggest unsolved challenges in eCommerce today is enabling customers to 'feel'? good about making a purchase. This has resulted in very low conversion rates and very high return rates for the entire industry.
Management Team
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We do our best to record every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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