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Daydream raises $50M in seed funding led by Forerunner Ventures and Index Ventures to build an AI-powered search engine suited for e-commerce

PRIVATEJun 20, 2024

Amount Raised

$50 Million

Round Type

Seed

New YorkArtificial IntelligenceE CommerceFashionMachine Learning

Investors

GVTrue VenturesIndex VenturesForerunner Ventures

Description

Daydream, founded by e-commerce veteran Julie Bornstein, focuses on providing personalized shopping results by using generative AI, machine learning, and computer vision. The company plans to offer up the platform in beta to consumers in the U.S. this fall, and will concentrate on the fashion vertical for the time being.

Quick answer

Daydream raised $50 Million in a Seed round, dated June 20, 2024. Investors: GV, True Ventures, Index Ventures and Forerunner Ventures. Daydream is based in New York, New York, United States.

How much did Daydream raise?
Daydream raised $50 Million in a Seed round on June 20, 2024.
Who invested in Daydream?
GV, True Ventures, Index Ventures and Forerunner Ventures are named as investors in this round.
What does Daydream do?
Daydream is a new e-commerce search engine that aims to provide personalized shopping results by using generative AI, machine learning, and computer vision.
Where is Daydream based and how big is it?
Daydream is based in New York, New York, United States.
Who are the decision-makers at Daydream?
Fundz holds 2 contacts at Daydream, including the Head of People and Recruiting. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Fashion around the same time

Companies in the same sectors as Daydream that raised within 45 days of this round, from Fundz verified event records.

  • Helium raised $592K (Pre-Seed) on July 9, 2024.
  • Faircado raised $3.3M (Pre-Seed) on May 29, 2024.
  • Shaped raised $8M (Series A) on July 17, 2024.
  • Vortex IQ raised $1M (Seed) on July 2, 2024.
  • Constructor raised $25M (Series B) on June 17, 2024.
  • SaleSqueze raised $1.5M (Seed) on June 12, 2024.

Who to call at Daydream, and when

A new round usually means Daydream is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Daydream raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Daydream, from your own LinkedIn network

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Company Information

Company

Daydream

Location

New York, New York, United States

About

Daydream is a new e-commerce search engine that aims to provide personalized shopping results by using generative AI, machine learning, and computer vision. The company plans to offer its platform to consumers in the U.S. this fall, focusing on the fashion vertical. Founded by e-commerce veteran Julie Bornstein, Daydream has already onboarded more than 2,000 brands including Net-A-Porter, Altuzarra, and Jimmy Choo.

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Related People

2 contacts
Verified contactsAlissa, Head of People and RecruitingSee plans and pricing
Predictive Intelligence
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ML-powered predictions for Daydream's next move

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Daydream raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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