Teikametrics, an optimization platform for Amazon and Walmart sellers, has raised $40M in a Series B continuation round. The round drew with participation from Intel Capital, Granite Point Capital, and GoDaddy among others.

How’s the company performing?

  • Boston-based Teikametrics is a marketplace optimization platform for e-commerce businesses.
  • The company’s SaaS platform, Flywheel, has processed over 40TB of data and optimized over $7B of sales, annually.
  • Teikametrics has more than 200 employees across 5 countries and reported a 900% growth on Walmart’s marketplace in the last year.
  • The company’s clients include DTC brands such as mDesign, Solo Stove, and Nutrafol and well-known brands like Timberland, Nutribullet, Clarks, and Elf, among others.

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The post This Intel Capital-Backed Company Raised $40M To Expand Its Seller-Centric AI-Powered Optimization Platform appeared first on CB Insights Research.

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