FindMine

FindMine

Automates creation of complete product sets

About FindMine

Simplify's Rating
Why FindMine is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Consumer Software

Consumer Goods

Company Size

11-50

Company Stage

Series A

Total Funding

$23.5M

Headquarters

New York City, New York

Founded

2014

Overview

FindMine automates the creation of complete product sets, such as outfits or furniture decor, for retail brands and e-commerce platforms. By using predictive intelligence, it generates these "complete the look" sets for up to 95% of a client's product catalog. This automation improves the shopping experience by making it easier for customers to visualize how products work together, which can lead to increased sales. Unlike many competitors, FindMine focuses on providing a scalable solution that combines quality content with extensive product coverage, helping retailers stand out in a crowded market. The goal of FindMine is to enhance customer engagement and drive incremental revenue for its clients through a subscription-based model.

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Significant Headcount Growth
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Funded Recently
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Simplify's Take

What believers are saying

  • Increased demand for AI-driven personalization boosts FindMine's platform adoption.
  • Expansion into Europe opens new revenue streams and customer bases.
  • Growing 'phygital' experiences create opportunities for in-store service expansion.

What critics are saying

  • Emerging AI-driven content platforms threaten FindMine's market share.
  • Rapid AI advancements require continuous R&D investment, straining resources.
  • European expansion may face regulatory and cultural challenges.

What makes FindMine unique

  • FindMine automates complete product sets, enhancing customer engagement and driving sales.
  • Their Content Engine saves retailers 90% of time while generating high-quality content.
  • FindMine leverages predictive intelligence to cover 95% of a product catalog.

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Funding

Total Funding

$23.5M

Above

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
$8.9M
FindMine
$15M
Canva
$100M
GitHub

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

7%

2 year growth

10%
Women's Wear Daily
Apr 30th, 2024
EXCLUSIVE: AI Styling Firm FindMine Scores Nearly $9M Series A

FindMine has now raised more than $17 million raised with its blend of old school AI and genAI.

Business Wire
Mar 26th, 2024
Empowering Retail Innovation: The New York Fashion Tech Lab Announces The 2024 Cohort Featuring 6 Women-Led B2B, Retail Tech Startups, In Collaboration With Leading Retailers Brands

NEW YORK--(BUSINESS WIRE)--The New York Fashion Tech Lab, a non-profit program for women-led startups in the sectors of fashion retail, proudly announces the 11th cohort, joined by industry-leading partners to propel this important initiative. Each year a delegation of retailers and brands join forces to support this program by selecting and meeting with the emerging tech companies during the 12-week lab. The 2024 Lab includes returning partners J.Crew Group, LVMH, Selfridges Co, The TJX Companies, Inc, and Tapestry, joined by first-year partners lululemon, MCM Worldwide, and Neiman Marcus Group. On February 29th executives from the 2024 retail and brand partners gathered to see a selection of finalists present. From there, 6 companies were chosen to take part in the 2024 program:

Forbes
Apr 20th, 2023
How Data And Pov Combine To Drive Commerce Sales

You might think the phrase above is the headline for a story about how commerce leaders are blending art and science skills to run their businesses. They should be, and that probably will be a future story. But this one is about the use of data that lets brands scale their point of view, or that of their customers, and glean insights that will allow them to make the right investments. While every commerce leader has his or her favorite tools, today I want to highlight technology companies driving sales - and profitability - at the intersection of behind-the-scenes information and a customer-facing perspective.FindMine deploys data, specifically predictive intelligence, to make purchase suggestions to a brand’s customers via a content engine that automates complete looks. “Our brand is founded on strong design, but it was a challenge to translate [our store window displays] to e-commerce,” explained Sarah Sheldon, Senior Director of E-commerce at Mitchell Gold + Bob Williams. She lamented that other solutions deliver individual product recommendations, but lack the necessary context to create cohesive interior design recommendations for the whole home.getty

Startup Italia
Apr 19th, 2023
Fashiontech | Sostenibilità, Ia, Passaporti Digitali E Metaverso Al Centro Dell’Ultima Edizione Di E-P Summit

Quale sarà il futuro del fashion? Indubbiamente l’innovazione. E innovare in un settore come quello della moda non è così semplice. Si parla tanto di sostenibilità, ma quante aziende di fashion sono davvero sostenibili? Si parla di intelligenza artificiale, metaverso e passaporto digitale ma in quanti riescono a stare al passo coi tempi che corrono? Di questo e molto altro si è parlato durante l’ultima edizione di e-P Summit, l’appuntamento annuale di Pitti Immagine che crea un’occasione di confronto e networking tra eccellenze nel settore della moda. Quest’anno, alla stazione Leopolda a Firenze il 18 e 19 aprile erano presenti 33 aziende, tra startup e grandi brand, che hanno saputo dimostrare il loro ampio potenziale nel saper innovare la moda italiana e il made in Italy. Dal riciclo con tessuti di scarto sino alle ultime innovazioni nell’intelligenza artificiale applicate alla filiera, passando per la nuova normativa europea che entro il 2030 obbligherà le aziende di moda a dotare i propri capi di un vero e proprio passaporto in formato digitale con l’obiettivo di guidare il cliente verso acquisti meno inquinanti e più rispettosi dell’ambiente.In questo ampio panorama in continuo cambiamento l’innovazione e la tecnologia fanno davvero la differenza. «Con i crescenti volumi e la nascente richiesta, tutto il lavoro che si sta facendo da un punto di vista tech è indispensabile – ha dichiarato Raffaello Napoleone, AD di Pitti Immagine – Questa è una fase delicata e interessante dove i costi da sostenere non sono bassi per alcune aziende ma sicuramente daranno i loro frutti

Bakersfield.com
Feb 14th, 2023
FindMine Opens Paris Office to Bring Dynamic Content Creation to Untapped European Market | News | bakersfield.com

FindMine, the leader in AI-powered content creation for brands, today announced the opening of a Paris office.

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