Loops raises $3.5M to build the AI operating system for commerce
Loops brings AI search, shopping assistance, product enrichment and virtual try-on into one system for retailers. The Loops seed round comes from a16z speedrun, NTT Docomo and three other investors.
Via TNW | Contributed
Online shopping has become very good at showing people thousands of products and surprisingly bad at helping them choose one. Loops was built around the idea that AI can collapse those experiences into one continuous journey.
The company announced a $3.5 million seed round from a16z speedrun, NTT Docomo, Connecticut Innovations, Alumni Ventures and Monday Capital.
Loops will scale its AI platform for brands and retailers. It helps businesses understand what a shopper is trying to accomplish, surface the right…
Courtesy
This story was originally published by TNW | Contributed. All rights belong to the original publisher.
Read the original on thenextweb.com ↗