CommentSold, Inc.
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CommentSold, Inc. - overview
Established
2017
Location
Huntsville, AL, US
Primary Industry
Internet
About
CommentSold, Inc. is a U. S. -based video commerce platform that enhances online retail experiences through shoppable video clips and live selling, enabling influencers and retailers to engage audiences effectively.
Founded in 2017 and headquartered in Huntsville, US, CommentSold, Inc. operates as a video commerce platform, offering innovative solutions for online retail. The company has undergone strategic pivots to focus on live selling and social commerce. Gautam Goswami is the current CEO.
In August 2021, Permira acquired CommentSold, Inc. from ZMC, furthering its investment strategy to boost growth. CommentSold provides a robust video commerce and live selling platform that enhances the online retail experience by leveraging artificial intelligence. The platform allows businesses, particularly those in women's retail, home décor, sports merchandise, pet supplies, and arts and crafts, to create engaging branded experiences across various channels.
Features include inventory management, shipping, automated invoicing, and marketing automation, facilitating improved customer engagement and conversion rates. The company integrates with social media platforms like Facebook, Instagram, and TikTok to enhance real-time customer interactions. CommentSold generates revenue through a direct-to-consumer model and partnerships with retailers. Its flagship product, Videeo, is a Shopify plugin that transforms Shopify stores into dynamic video-first mobile applications.
The company operates on a subscription-based revenue model, where clients pay for access to features like live selling and shoppable video clips. Additional offerings include marketing automation and fulfillment tools, supporting various pricing plans tailored to business needs. Following its acquisition by Permira in August 2021, CommentSold plans to accelerate its efforts in democratizing livestream e-commerce. The investment will support the development of new products aimed at expanding its service offerings.
Additionally, the company is targeting expansion into new markets, focusing on specific regions in North America and Europe, by 2023. These initiatives are expected to enhance the platform's capabilities and increase market penetration.
Current Investors
Permira
Primary Industry
Internet
Sub Industries
Social Networking & Communication Platform, Web Applications, Application Integration Software
Website
www.commentsold.com
Verticals
Cloud Computing, E-commerce, FinTech, Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
CommentSold, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Popshop Technologies Inc. | - | ||||||||
| Add-on | Completed | Social Retail Success | - | ||||||||
| Add-on | Completed | Lunata LLC | - | ||||||||
| Secondary Buyout | Completed | CommentSold, Inc. | - | ||||||||
| Private Debt | Completed | CommentSold, Inc. | - |
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