Fundz

Shaped raises $8M in a Series A funding round to launch its self-serve recommendations and search service

PRIVATEJul 17, 2024

Amount Raised

$8 Million

Round Type

Series A

New YorkSoftwareArtificial IntelligenceE CommerceMachine LearningNatural Language ProcessingSaaS

Description

Shaped has announced an $8 million Series A funding round to make it easier for businesses of all sizes to combine data with large language models and other recommendation systems, enabling a personalized user experience. The company was founded by CEO Tullie Murrell, CPO Daniel Camilleri, and Shai Bruhis. Shaped's customers include brands like Outdoorsy, Trela, and QVC.

Quick answer

Shaped raised $8 Million in a Series A round, dated July 17, 2024. Shaped is based in New York, New York, United States.

How much did Shaped raise?
Shaped raised $8 Million in a Series A round on July 17, 2024.
What does Shaped do?
Shaped.ai is an AI recommendation and search platform for marketplaces, e-commerce, and content companies.
Where is Shaped based and how big is it?
Shaped is based in New York, New York, United States. Fundz records about 13 employees.
Who are the decision-makers at Shaped?
Fundz holds 1 contact at Shaped. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Natural Language Processing around the same time

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

  • Team-GPT raised $3.7M on August 29, 2024.
  • Knowde raised $60M (Series C) on August 15, 2024.
  • Seek AI raised $2M (Seed) on August 8, 2024.
  • DemoSquare raised $1.4M (Funding Round) on August 7, 2024.
  • Smartcat raised $43M on July 3, 2024.
  • Vortex IQ raised $1M (Seed) on July 2, 2024.

Who to call at Shaped, and when

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

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

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Company Information

Company

Shaped

Location

New York, New York, United States

About

Shaped.ai is an AI recommendation and search platform for marketplaces, e-commerce, and content companies. Founded by AI veterans from Meta and Uber, the company helps enterprises leverage their own data, tap into large language models, and build relevant personalized user experiences that consistently increase engagement and revenue.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Shaped raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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