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☆ AI e-commerce startup Constructor lands $25 million Series B led by Sapphire Ventures without actively fundraising. See the deck it used.
  + stars: | 2024-06-17 | by ( Madeline Stone | ) www.businessinsider.com   time to read: +2 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Finkelshteyn, who is Constructor's CEO and cofounder, said he told Dham he didn't have a formal pitch deck prepared. I was never much good at pitching investors and hadn't done it in years, so figured I'd probably get some good practice and some good feedback," Finkelshteyn told Business Insider. Sapphire led Constructor's $25 million Series B, which also included participation from existing investor Silversmith Capital Partners. E-commerce companies use Constructor's tech to serve customers search results based on their browsing history.
Persons: —, Eli Finkelshteyn wasn't, Rajeev Dham, Finkelshteyn, Dham, I'd, Sapphire, we've, there's Organizations: Service, Sapphire Ventures, Business, Capital Partners
☆ Shopify's startup investments this year include millions into companies that focus on NFTs, Web3 apps, customer-engagement, and financial services
  + stars: | 2022-11-03 | by ( Madeline Stone | ) www.businessinsider.com   time to read: +12 min
In its press release announcing the new funding, Wati said the investment was Shopify's first in a startup operating in Southeast Asia. The goal is to make Thirdweb's tools available to Shopify merchants who want to bring Web3 products and experiences to their online stores. Shopify recently participated in Gorgias' $30 million Series C round, which valued the startup at $710 million. According to the company, merchants using its technology report a 96% increase in sales on average. Flexport announced it had received a strategic investment from Shopify as part of its $935 million Series E on February 7.
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