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Lily AI

AI-powered product data enrichment for retail

Overview

Lily AI provides an AI-powered data enrichment platform for retail, using computer vision to generate detailed product attributes such as fabric, fit, stitching, and design features, and attaches this data to product catalogs. The system analyzes product images and related data to extract fine-grained attributes and delivers structured metadata through a subscription-based platform that retailers can integrate with their systems. It stands apart by offering a deeper level of attribute detail and product context that enables more precise recommendations and personalized customer interactions that reflect the emotional context of a store visit. Its goal is to help large retailers achieve measurable outcomes, including higher recommendation accuracy, increased sales lift, higher sell-through rates, and a strong return on investment.

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About Lily AI

Simplify's Rating
Why Lily AI is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareAI & Machine Learning

Company Size

51-200

Company Stage

Series B

Total Funding

$71.9M

Headquarters

Mountain View, CA

Founded

2015

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Simplify's take

What believers are saying

  • M&S partnership validates enterprise demand for AI-powered product data in July 2026.
  • Lily AI says customers quadrupled after its March 2024 $20 million Series B-1.
  • Lily AI's press page lists self-serve tools, content generation, and Microsoft migration.

What critics are saying

  • Google and AI shopping agents absorb Lily's attribution layer, crushing differentiation by 2027.
  • A slow enterprise sales cycle starves growth if pilots never convert to renewals.
  • If M&S or similar retailers build in-house enrichment, Lily loses its wedge.

What makes Lily AI unique

  • Lily Max, launched August 2026, turns product attributes into automated, tested actions.
  • Marks and Spencer uses Lily AI to improve Google Shopping and organic search.
  • Lily AI runs 1,000+ controlled tests across Vuori, Hibbett Sports, Shiseido, and Coach.

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Funding

Total Funding

$71.9M

Below

Industry Average

Funded Over

5 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
$45M
$65M
$100M

Benefits

  • Remote Work Options
  • Company Equity

Growth & Insights and Company News

6 month growth

-1%

1 year growth

3%

2 year growth

-5%
Lily AI
May 21st, 2025
From Experimentation to Full Vibes at Rue Gilt Groupe: Case Study Session at CommerceNext 2025

In this session, Josh, an experienced Product, AI & UX leader with an extensive history building ecommerce and omnichannel experiences with an emphasis on AI-driven innovation, will join Lily AI Co-Founder and CEO, Purva Gupta, to discuss the secrets to their successful partnership and how to vibe with AI in advertising and e-commerce.

Lily AI
Mar 6th, 2025
Lily AI Returns to SXSW 2025, Speaking about the AI Revolution at Inc. Founders House

Lily AI returns to SXSW 2025, speaking about the AI Revolution at Inc.

Lily AI
Dec 4th, 2024
Lily AI Named a Modern Retail Award Finalist Third Year in a Row

Lily AI is honored to be selected as a finalist in the 2024 Modern Retail Awards for the third year in a row.

TechRay News
Oct 9th, 2024
Lily AI Unveils No-Code Product Attributes Platform for Retailers and Brands

Lily AI, a leading retail technology platform specializing in AI-driven solutions, has launched its next-generation product attribute platform.

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