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FindMine

FindMine

Automates creation of complete product sets

About

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 helps merchants generate these "complete the look" sets for a large portion of their product catalog, enhancing the shopping experience for customers. This approach encourages customers to make purchases by presenting them with fully styled options rather than individual items. FindMine stands out in the retail and e-commerce sector by offering a scalable solution that combines quality content with extensive product coverage, addressing the growing demand for personalization in online shopping. The company operates on a Software-as-a-Service (SaaS) model, where clients subscribe to access its automation tools, ultimately aiming to increase customer engagement and drive sales for their clients.

Company Stage

Series A

Employees

11-50

Industries

Data & Analytics, Robotics & Automation, Consumer Software, Enterprise Software, AI & Machine Learning, Consumer Goods

Total Funding

$19.3M

Headquarters

N/A

Founded

2014


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Simplify's Take

What believers are saying

  • FindMine's recent $9M Series A funding round indicates strong investor confidence and provides resources for further innovation and market expansion.
  • The opening of a Paris office signals FindMine's commitment to tapping into the European market, potentially leading to significant growth opportunities.
  • Partnerships with major retailers like Destination XL Group demonstrate the platform's effectiveness and potential for widespread adoption.

What critics are saying

  • The competitive landscape in retail tech is intense, requiring FindMine to continuously innovate to maintain its edge.
  • High costs associated with technological innovation and market expansion could strain financial resources if not managed effectively.

What makes FindMine unique

  • FindMine leverages predictive intelligence to automate the creation of complete product sets, offering a unique solution that enhances customer engagement and drives incremental revenue, unlike competitors who may focus solely on individual product recommendations.
  • Their SaaS model allows for scalable and extensive catalog coverage, making it easier for retail brands to implement and benefit from the technology.
  • FindMine's focus on creating cohesive and contextually relevant product sets, such as complete outfits or fully decorated rooms, sets it apart from other solutions that lack this level of contextual integration.

Growth & Insights
Headcount

6 month growth

22%

1 year growth

18%

2 year growth

52%

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