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OfferFit.ai provides a solution for marketing that enhances the traditional A/B testing process by using artificial intelligence. Their AI technology automates and personalizes marketing decisions, allowing businesses to utilize their first-party data to identify the best message, product, incentive, channel, and timing for each individual customer. This method is more efficient than manual testing, as it enables simultaneous testing of various elements and quick adaptation to market changes. OfferFit primarily serves businesses in need of a more tailored marketing approach, including those in the sports and entertainment sectors. Their service has shown to significantly boost conversion rates, with clients like Kayo Sports and BINGE reporting a 30% increase in conversion value. The goal of OfferFit is to help businesses improve their marketing effectiveness and increase customer lifetime value through automated decision-making.
Company Stage
Series B
Employees
51-200
Industries
Consumer Software, AI & Machine Learning
Total Funding
$37.9M
Headquarters
Boston, Massachusetts
Founded
2020
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