Tech Company Financing Transactions
Shaped Funding Round
Shaped, based in Brooklyn, scored $8 million from Madrona Venture Group, private investors and Y Combinator.
Transaction Overview
Company Name
Announced On
7/17/2024
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Madrona Venture Group (Lead Investor) (Karan Mehandru)
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1 North 4th Place Apartment 34M
Brooklyn, NY 11249
USA
Brooklyn, NY 11249
USA
Phone
Undisclosed
Website
Email Address
Overview
Shaped is a fully managed search and recommendation system that simplifies deploying real-time personalization to production applications. We combine state-of-the-art model libraries with advanced features such as online evaluation tooling, a real-time feature store, and continuous training to improve engagement, conversion, and revenue while providing high performance and reliability at scale.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tullie Murrell
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