Crossing Minds

Crossing Minds

AI-driven recommendation platform for businesses

About Crossing Minds

Simplify's Rating
Why Crossing Minds is rated
A
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

AI & Machine Learning

Company Size

11-50

Company Stage

Series A

Total Funding

$13.5M

Headquarters

San Francisco, California

Founded

2017

Overview

Crossing Minds specializes in AI-driven recommendation platforms that enhance online discovery and customer engagement for businesses. Their product uses advanced deep learning techniques to provide personalized product recommendations based on user sessions, all while ensuring customer privacy by utilizing only anonymized data. The platform is designed for easy integration into various business systems through APIs and SDKs, making it accessible for e-commerce platforms, online retailers, and digital content providers. Unlike many competitors, Crossing Minds emphasizes privacy and has demonstrated significant impacts on client performance, including a 96% increase in sales and a 120% increase in click-through rates. The company's goal is to help businesses improve customer engagement and sales through tailored recommendations.

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for privacy-focused AI solutions boosts Crossing Minds' competitive edge.
  • Shopify's investment validates Crossing Minds' market potential and opens partnership opportunities.
  • Success in niche markets like wine recommendations indicates potential for vertical expansion.

What critics are saying

  • Emerging competitors like DRINKS Recommend pose significant competitive pressure.
  • Data privacy regulations in Europe could impact Crossing Minds' operations.
  • High inflation rates may reduce demand for e-commerce platforms and recommendation engines.

What makes Crossing Minds unique

  • Crossing Minds offers privacy-focused AI recommendations, respecting user data privacy.
  • The platform provides session-based recommendations, enhancing real-time personalization for users.
  • Crossing Minds supports headless commerce with a React library for Shopify's Hydrogen framework.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$13.5M

Below

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$8.2M
Discord
$10M
Crossing Minds
$15M
Canva
$30M
Kalshi

Benefits

Medical, dental, & vision insurance

Employer-matched 401(k)

20-day PTO

9-days of paid holiday

Company shutdown from 12/24 - 01/01

Professional education opportunities

Voluntary Travel Policy

Visa support, if needed

Growth & Insights and Company News

Headcount

6 month growth

-8%

1 year growth

0%

2 year growth

0%
PR Newswire
Feb 22nd, 2024
New Data Shows Drinks Ai-Powered Personalized Wine Recommendations Deliver Surge In Online Wine Sales

'DRINKS Recommend', leveraging Crossing Minds' state-of-the-art deep learning platform, delivers AI-driven wine recommendations that increase sales, customer engagementLOS ANGELES, Feb. 22, 2024 /PRNewswire/ -- DRINKS, the pioneering and leading operating system for alcohol e-commerce, today released new data from its AI-powered wine recommendation tool, DRINKS Recommend, that illustrates its ability to nearly double revenue from recommendations for online wine merchants.DRINKS Recommend was recently deployed on select pages by two major online wine retailers, selling in excess of 250,000 bottles a month. Compared to pages that offered an industry standard "most popular" set of wine recommendations, pages that implemented DRINKS Recommend delivered:Increased conversions: a 175% increase in attributed session conversionsa 175% increase in attributed session conversions Increased revenue : a 78% increase in average revenue per session: a 78% increase in average revenue per session Increased engagement: a 52% increase in click through rateDRINKS Recommend is the newest product built on DRINKS' patented AI models, called PAIR ("Predictive AI Retailing"). PAIR analyzes wine prices, regions, varietals, tasting notes, descriptions, label features, and how a product is perceived by customers to develop personalized product recommendations tailored to online merchants, their products, and their customers."We're in the business of using technology to transform all aspects of the alcohol industry, and that includes how it gets marketed online. Most people buy wine based on the label, and our deep industry experience and engineering talent enabled us to build AI-based tech that delivers accurate and personalized wine recommendations based on factors such as label variations," said Zac Brandenberg, DRINKS Co-Founder and CEO. "This is poised to be a game-changer for those on both sides of the aisle (or screen), delivering a better experience for wine shoppers and increased bottom lines for businesses who use it."Performance for DRINKS Recommend on Shopify marks first results since migrating to the Crossing Minds platformThe performance of DRINKS Recommend on Shopify marks the first results since DRINKS migrated their recommendation model training and delivery pipeline from AWS SageMaker to Crossing Minds' cutting-edge recommendation platform

MarTech Series
Aug 16th, 2023
Crossing Minds Launches AI that Makes E-commerce Product Data More Intuitive and Discoverable

Crossing Minds announced the release of a new e-commerce data enrichment product that makes e-commerce products more intuitively discoverable to customers.

Crossing Minds
Mar 24th, 2023
Crossing Minds x Hydrogen for Headless Shopify Environments

Crossing Minds is pleased to announce the release of its new React library, designed to support headless Shopify stores built with the Hydrogen framework.

PYMNTS
Jan 4th, 2023
New Year, Same Data-Privacy Woes For Meta’S Advertising Cash Cow

Ireland’s Data Protection Commission (DPC) says Meta’s ad-centric business model is noncompliant with European regulations. That’s according to a public statement released Wednesday (Jan. 4) outlining the commission’s final decision regarding the tech company’s processing of personal data stemming from two complaints filed May 25, 2018 under the European Union’s (EU) General Data Protection Regulation (GDPR). It represents a major blow to the company, whose stock price has already taken a 60% haircut, or $450 billion loss, for the year

PYMNTS
Dec 15th, 2022
Inflation Rate Eases But Cost Of Food And Essentials Remains High

The inflation rate may have peaked, but consumer sentiment remains low. The Bureau of Labor Statistics published November’s Consumer Price Index (CPI) Tuesday (Dec. 13). To the surprise of many economists, the overall index beat estimations, slowing to 7.1% year over year instead of the predicted 7.3%. The biggest declines over the past month were in piped natural gas service (-3.5%), used cars and trucks (-2.9%) and airline fares (-3%). The largest increases over the month were in fuel oil (1.7%), fruits and vegetables (1.4%) and motor vehicles maintenance/repair (1.3%)

Recently Posted Jobs

Sign up to get curated job recommendations

Customer Success Manager

Toronto, ON, Canada + 1 more

Head of Product

$150k - $200k/yr

Toronto, ON, Canada + 2 more

Applied Machine Learning Internship

Paris, France

See All Jobs

Crossing Minds is Hiring for 3 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Crossing Minds's jobs every few hours, so check again soon! Browse all jobs →

People Also Viewed

Discover companies similar to Crossing Minds

Cognitiv

Cognitiv

Black Crow AI

Black Crow AI

New York City, New York

MindsDB

MindsDB

Berkeley, California

Head of Product

$150k - $200k/yr

Toronto, ON, Canada + 2 more

Applied Machine Learning Internship

Paris, France

See All Jobs

Crossing Minds is Hiring for 3 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Crossing Minds's jobs every few hours, so check again soon! Browse all jobs →

People Also Viewed

Discover companies similar to Crossing Minds

Cognitiv

Cognitiv

Black Crow AI

Black Crow AI

New York City, New York

MindsDB

MindsDB

Berkeley, California