Shoptelligence Inc.

Shoptelligence Inc. provides an innovative AI-powered platform that enhances retail shopping experiences through personalized, omnichannel solutions, enabling retailers to engage customers effectively. Founded in 2015 and headquartered in Ann Arbor, US, Shoptelligence Inc. specializes in AI-driven retail solutions.

The company has undergone strategic pivots and has raised a total of USD 1. 5 mn in funding across Seed rounds, with the latest funding led by Michigan Angel Fund in October 2018. Denise Mahnick is the founder, with Laura Khoury serving as CEO, bringing expertise in technology and retail management. Shoptelligence offers an advanced AI-powered design discovery platform that enhances the retail shopping experience through personalized, omnichannel solutions.

Their core product suite includes tools like Room Stylist, Style Finder, Style Leads, and Style Assist, enabling retailers to create individualized customer style profiles. These products cater to diverse retailers looking to improve customer engagement and loyalty with dynamic visual merchandising and seamless online and in-store integration. Shoptelligence’s platform uses powerful analytics to anticipate customer preferences, addressing challenges in customer retention and conversion rates, relevant across multiple markets including North America and select international regions. Shoptelligence generates revenue through a subscription-based model, where retail clients subscribe to access tools that enhance engagement and drive sales.

Transactions typically involve B2B partnerships, integrating Shoptelligence's solutions into existing e-commerce and in-store operations. The company’s flagship offerings are designed to improve average order value and customer lifetime value while fostering long-term relationships between retailers and shoppers, contributing to sustained revenue growth. Shoptelligence plans to innovate by designing new products which will be released in the upcoming year, focusing on enhancing user engagement. The company is targeting expansion into additional geographic markets, particularly in Europe and Asia, aiming to establish a presence by 2024.

Recent funding of USD 1. 5 mn will support these initiatives, particularly in product development and market entry strategies.