Newark, CA - May 15, 2023 - Optiwise.ai, Inc. (Optiwise.ai), a leading marketplace optimization company, is proud to announce that its cutting-edge data-driven platform has been recognized with the prestigious TiE50 2023 award at TiEcon. The platform's Generative AI capabilities, coupled with machine learning techniques, have proven instrumental in assisting marketplace sellers in scaling their businesses on major e-commerce platforms such as Amazon and Walmart.
The TiE50 award is a testament to Optiwise.ai's commitment to revolutionizing the eCommerce experience and addressing the challenges faced by online sellers. This recognition underscores the platform's effectiveness in leveraging state-of-the-art generative AI technologies to optimize marketplace operations and drive business growth.
Optiwise.ai's data-driven platform combines Generative AI and machine learning algorithms to deliver actionable insights, conversion content, and expedite the optimization process by 100 times. By harnessing these cutting-edge technologies, Optiwise.ai empowers online businesses to overcome eCommerce experience issues and unlock their full potential in the digital marketplace. Since its inception, Optiwise.ai has successfully onboarded hundreds of marketplace sellers, enabling them to achieve remarkable growth through its cloud-based platform. These sellers have experienced impressive results, including a 3.2X increase in traffic, a 46% boost in conversion, and a 2X surge in revenue.
In addition to the TiE50 award, Optiwise.ai has secured a substantial investment from renowned venture firms Tie Angels Silicon Valley and Z21 Ventures. This investment is in addition to the recent $1.3 million funding round led by StartupXeed Ventures, further demonstrating the confidence that industry leaders have in Optiwise.ai's mission and potential. The new investment will provide significant support for Optiwise.ai's ongoing research and development initiatives, enabling the company to further enhance its AI-driven solutions and expand its market reach.
"We are thrilled to be recognized with the prestigious TiE50 award and to have the support of Tie Silicon Valley and Z21 Ventures. This recognition and investment further validate our commitment to empowering marketplace sellers with innovative AI-driven solutions," said Deepak Goyal, Co-Founder, and CEO at Optiwise.ai.
As Optiwise.ai continues to enhance its platform's capabilities, the company aims to revolutionize eCommerce optimization and help online businesses maximize their success on major e-commerce platforms.
Optiwise.ai is a leading marketplace optimization company that specializes in leveraging advanced technologies such as generative AI and machine learning to assist marketplace sellers in scaling their businesses on major e-commerce platforms. The company is dedicated to providing data-driven solutions that enhance the eCommerce experience and drive business growth.