With participation from Alpaca Ventures and Red Sea Ventures, Optiversal, a generative AI content provider accelerating content development for large retail organizations, announced that it has raised USD 4.2M in seed funding, led by Bling Capital.
Bling Capital is pleased to assist Optiversal in its goal to transform the retail sector through cutting-edge generative artificial intelligence (AI) technology, making it simple for customers to locate highly relevant yet frequently elusive products offered by merchants. The competence of Optiversal’s seasoned staff and its early success with major retail companies speak eloquently about their potential to change the business landscape, according to Ben Ling, general partner of Bling Capital.
For Retailers, Optiversal removes administrative and technical obstacles to the mass production of pertinent, high-quality content. The Optiversal platform has delivered meaningful revenue for businesses while enhancing the user experience since its introduction, turning tens of thousands of lost content opportunities into thousands of traffic-generating landing pages. The startup has helped its top 20 retailers and merchants produce over USD 125 million in additional income, demonstrating the enormous potential of AI-powered content creation in the retail sector.
According to Will Underwood, CEO and Founder of Optiversal, “We founded Optiversal to revolutionize how retailers approach content creation.” “Our technology addresses the difficulties large retail businesses confront in producing engaging content at scale. We can create bespoke AI models for each of our customers that are catered to their specific brand voices, allowing them to keep a recognizable brand voice across all marketing platforms while significantly decreasing the time and effort needed to create high-quality content. We are grateful for the support of financiers like Bling Capital, Alpaca Ventures, and Red Sea Ventures, who support our mission to improve the retail sector using AI-powered content creation tools.
Will Underwood, Lucas Tieleman, and Jarrod Wolf, a dynamic trio of accomplished serial entrepreneurs who have collaborated in retail technology for almost ten years, established Optiversal. The construction of the AI-powered content production platform at Optiversal was only possible with their collective knowledge and enthusiasm for innovation. The founders of Optiversal are in an excellent position to lead the company in its objective to alter content production for retail organizations since they have a track record of providing disruptive solutions to the retail industry.
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