Constructor Raises $25M Series B Led by Sapphire Ventures, Tripling Valuation to $550M
Constructor Raises $25M Series B Led by Sapphire Ventures, Tripling Valuation to $550M
"In today's competitive ecommerce environment, having a powerful AI search solution that can best capture shopper intent is crucial to driving topline revenues — yet until now, existing tech has remained rudimentary," said New capital will fuel further product innovation and international expansion — helping ecommerce companies transform product discovery with AI
新的資金將推動進一步的產品創新和國際擴張——幫助電子商務公司通過人工智能改變產品發現方式
SAN FRANCISCO, June 17, 2024 /PRNewswire/ -- Constructor, the leading AI-powered product discovery and search platform for enterprise ecommerce companies, today announced that it has closed a $25 million Series B round, bringing the company's valuation to $550 million. This marks a nearly triple valuation since its 2021 Series A and brings total funds raised to date to more than $85 million. Sapphire Ventures led the round with participation from existing investor Silversmith Capital Partners. With this new capital, Constructor will continue to accelerate product development and innovation — applying the cutting-edge clickstream-based AI it pioneered to further improve ecommerce product discovery — and continue its rapid international expansion.
舊金山，2024年6月17日 /美通社/ -- Constructor——領先的人工智能產品發現和搜索平台，爲企業電子商務公司提供服務，今天宣佈已完成2500萬美元的B輪融資，將公司估值提升至5.5億美元。這標誌着自2021年A輪融資以來估值增長了近三倍，也將募集的總資金增加至8500萬美元以上。Sapphire Ventures領投，現有投資方Silversmith Capital Partners參與其中。通過這筆新資本，Constructor將繼續加速產品開發和創新——運用它開創的前沿基於點擊流的人工智能，進一步提高電子商務產品發現效率——並繼續快速的國際擴張。這次認購的B輪融資是在Constructor沒有積極籌集資金的情況下進行的。新資金也爲該公司創造了創紀錄的增長和動力，包括:過去三年中營業收入增長了一倍過去六個月內驅動了超過1000億個購物者互動，使一些全球最大的企業每天驅動數億個個性化體驗過去一年內總僱員增長了45%所有基金類型創業板
The oversubscribed Series B round came at a time when Constructor was not actively fundraising. The fresh funds also cap off record-setting growth and momentum for the company – with proof points of recent success, including:
繼續其快速的國際擴張。
- Doubled revenue for the third year in a row.
- Powered more than 100 billion shopper interactions over the past six months, enabling some of the world's biggest businesses to drive hundreds of millions of personalized experiences every day.
- Increased headcount by 45% over the past year.
- Increased overall customer base by 50% over the past year. Leading ecommerce companies and household names — including Under Armour, Petco, Sephora, Birkenstock, Target Australia and many more — use Constructor's AI to improve how buyers search for and discover the best items for them.
- Maintained an average 98.5% client retention rate over the last three years, by far the highest in the industry.
- Unveiled AI Shopping Assistant (ASA), an award-winning conversational product discovery tool blending generative AI with Constructor's personalization technology.
- Expanded internationally — particularly across Europe, the Middle East and Africa (EMEA), where it has tripled revenue since 2022 and increased customer-facing headcount by 133% since the beginning of this year.
- 爲超過100多個億營業額的企業客戶驅動了超過1000億個購物者互動，這是連續三年營業收入翻番的證明。在過去的六個月中，每天使一些全球最大的企業創造數億個個性化體驗。
- 過去的一年中，總僱員增加了45%。在過去的六個月中，使一些全球最大的企業每天推動數億個個性化體驗。
- 人員數量增加了45%。所有基金類型
- 整體客戶群增加了。 除50%在過去的一年裏，領先的電子商務公司和家喻戶曉的品牌，包括Under Armour、Petco、Sephora、Birkenstock、Target Australia等，使用Constructor的人工智能來改進如何爲購買者提供最佳商品的搜索和發現方式。比維持了平均98.5%的客戶保留率，在過去三年中遠高於行業平均水平。包括澳洲塔吉特在內的多個品牌選擇使用Constructor的人工智能技術來提高銷售額，並得到了顯著的業績提升。
- 保持了平均98.5%的客戶保留率過去三年中保持了平均98.5%的客戶保留率，遠高於行業平均水平。
- 推出了AI購物助手（ASA），它是一種融合生成式人工智能和Constructor的個性化技術的對話式產品發現工具。屢獲殊榮的在國際市場上取得了發展——尤其是在歐洲、中東和非洲（EMEA）地區，自2022年以來，營業收入增長了三倍，並且今年以來客戶面向的員工數量增長了133%。
- 擴展國際市場——尤其是在歐洲、中東和非洲（EMEA）地區進行擴展。自2022年以來，在歐洲、中東和非洲（EMEA）地區取得了營業收入的三倍增長。自2022年以來，營業收入增長了三倍以上。今年以來，客戶面向的員工數量增長了133%。
"In today's competitive ecommerce environment, having a powerful AI search solution that can best capture shopper intent is crucial to driving topline revenues — yet until now, existing tech has remained rudimentary," said Rajeev Dham, Partner at Sapphire Ventures, who will be joining as a Board Director. "With more than a decade of experience in the field, Eli and the team at Constructor have developed a state-of-the-art, AI ecommerce search engine that has delivered best-in-class ROI for many household enterprise brands. We are incredibly excited to partner with the team as they set a new standard in powering a hyper-personalized shopper experience."
“在競爭激烈的電子商務環境中，擁有一個強大的人工智能搜索解決方案，以最佳方式捕捉購物者的意圖，對於推動總收入至關重要——但直到現在，現有的技術仍然很基礎，”Sapphire Ventures合夥人Rajeev Dham表示，“Eli和Constructor團隊在這個領域擁有十多年的經驗，他們開發了一款先進的人工智能電子商務搜索引擎，爲許多家喻戶曉的企業品牌提供了業界最佳的回報率。我們非常高興能與該團隊合作，他們正在爲推動超個性化的購物體驗設立新標準。”
Eli Finkelshteyn, CEO and Co-founder of Constructor, said: "We're very proud of this fundraise, but it's important for us to remember that it's only a symptom of doing good work for our customers. If we don't use this to do better for them, then we're missing the point. We started Constructor off with what, at the time, seemed like a crazy idea to most of our industry: that learning shoppers' preferences via AI can give them a far better search and product discovery experience than simply matching on the keywords they type. We believe putting AI at the core of our system from the beginning has played a large role in the successes we've been able to bring our customers — but also believe there's always room to serve them better, and that's the main thing we want to use this investment for. Our success will always be a symptom and function of theirs. And through our partnerships with Sapphire Ventures and Silversmith Capital Partners, we're extremely excited to build out more ecommerce functionality and expand to additional geographies — driving more value for our customers around the world."
Constructor的CEO兼聯合創始人Eli Finkelshteyn表示：“我們爲這次籌款感到非常自豪，但重要的是我們要記住，這只是爲客戶做出出色工作的一個徵兆。如果我們不利用這個爲他們做得更好，那麼我們就錯過了重點。我們最初以一個在我們行業看起來非常瘋狂的想法爲基礎創立了Constructor：通過人工智能學習購物者的偏好，可以爲他們提供比簡單關鍵字匹配更好的搜索和產品發現體驗。我們相信從一開始就將人工智能置於我們的系統核心地位，在我們爲客戶帶來成功方面起了很大的作用，但我們也相信，始終有改善服務客戶的空間，這是我們想要利用這筆投資的主要目標。我們的成功將始終是他們的症狀和功能。通過我們與Sapphire Ventures和Silversmith Capital Partners的合作，我們非常興奮地推出更多的電子商務功能並擴展到其他地理區域，爲我們全球的客戶帶來更多價值。”
Constructor is well-positioned to continue its relentless pace of product innovation, helping customers apply multiple types of AI — including advanced algorithms, machine learning, large language models, transformers, natural language processing, generative AI and more — to improve product discovery while optimizing for ecommerce metrics that matter. Even as many retailers are tightening their belts under current economic conditions, there has been strong and escalating demand for Constructor's platform, with companies doubling down on their investments to improve the customer experience. Customers report results including: 16.5% increase in average order value, 247% increase in revenue per visit, 13% increase in search conversions, 92% increase in recommendations conversions, a $40 million increase in revenue, greater than 20x ROI and more.
Constructor已經處於良好的位置，可以繼續不懈地推進產品創新，幫助客戶應用多種類型的人工智能——包括高級算法、機器學習、大型語言模型、轉換器、自然語言處理、生成式人工智能等——以提高產品發現的效果，並優化電子商務的關鍵指標。儘管許多零售商在當前的經濟環境下正在緊縮他們的預算，但Constructor的平台仍然受到強烈和不斷增長的需求，許多企業加大了在Constructor平台的投資，以改善客戶體驗。客戶報告的結果包括：平均訂單價值增加16.5%、訪問收入增加247%、搜索轉化率提高13%、推薦轉化率提高92%、收入增長4000萬美元、回報率超過20倍，以及領先的寵物健康與健身零售商。其中的客戶報告結果包括：平均訂單價值增加16.5%、訪問收入增加247%、搜索轉化率提高13%、推薦轉化率提高92%、收入增長4000萬美元、回報率超過20倍等。讓Constructor成爲領先的寵物健康與健身零售商。比.
Leading pet health and wellness retailer Petco recently turned to Constructor to power and personalize search results, browse experiences, product recommendations and landing pages across its website and mobile app — driving a 13% increase in ecommerce conversions and 4% increase in site-wide revenue.
領先的寵物健康與健身零售商Petco最近Petco採用了Constructor的技術，爲其網站和移動應用程序提供搜索結果、瀏覽體驗、產品推薦和落地頁個性化，從而使電商轉化率增加了13%，全站營收增加了4%。
"The thing we liked about Constructor was that not only was it real AI, specifically made for our industry, but that their AI is incredibly transparent," said Tony Gabriele, Vice President of Digital Strategy, Petco. "None of it is black box – so we don't have to guess what it's doing or why – and when we have questions, the Constructor team is always happy to talk us through it. We evaluated every vendor on the market, and Constructor was just different. The system is easy to use, the team is motivated and delightful to work with, and most importantly, it paid for itself plus the cost of switching in less than a year after we implemented it."
Petco的數字策略副總裁託尼·加布裏埃勒表示:「我們喜歡Constructor的原因不僅在於它是一個特別爲我們行業製作的真正的人工智能技術，而且它的人工智能透明度極高。我們不必猜測它做了什麼，也不必猜測爲什麼，當我們有問題時，Constructor團隊總是樂於向我們解答。我們評估了市場上的每一個供應商，Constructor是與衆不同的。這個系統易於使用，團隊的積極性和與之合作的愉快程度令人振奮，最重要的是，在我們實施它不到一年後，它自己賺回了成本和切換的費用。」
According to a Forrester blog, "Improving product discovery is one of the most effective ways to have a meaningful, positive impact on digital metrics, with a clearly attributable return and relatively low investment (in terms of cost for tech and time to value)." Constructor's technology and vision play a key role in this, and Constructor was recently ranked highest in the strategy category in "The Forrester Wave: Commerce Search And Product Discovery, Q3 2023."
根據Forrester博客「提高產品發現能力是對數字指標產生有意義、積極影響的最有效方法之一，具有明顯可歸因並且投入（技術成本和價值實現時間）相對較低。Constructor的技術和願景在其中發揮了關鍵作用，Constructor最近在『The Forrester Wave：Commerce Search And Product Discovery，Q3 2023』中在策略類別中排名最高。」排名最高The Forrester Wave: Commerce Search And Product Discovery, Q3 2023 「商業搜索和產品發現的Forrester波」中Forrester Wave：商業搜索和產品發現，Q3 2023."
"AI-first companies like Constructor are leading a shift in software away from simply offering workflow management, towards delivering business results," said Silversmith General Partner, Sri Rao. "We are encouraged by the company's ability to maintain its dedication to innovation and customer success while navigating rapid growth since our initial investment, and are excited to both expand our commitment as well as welcome Sapphire Ventures as Constructor enters the next phase of growth."
像Constructor這樣的AI-first公司正在引領軟件從提供工作流管理向提供業務結果的變革，Silversmith普通合夥人Sri Rao表示。自我們最初的投資以來，該公司在快速增長中保持着創新和客戶成功的承諾，我們對擴大我們的承諾以及歡迎Sapphire Ventures進入下一個增長階段感到興奮。
About Constructor
Constructor is the only search and product discovery platform tailor-made for enterprise ecommerce where conversions matter. Constructor's AI-first solutions make it easier for shoppers to discover products they want to buy and for ecommerce teams to deliver personalized experiences in real time that drive impressive results. Optimizing specifically for ecommerce metrics like revenue, conversion rate and profit, Constructor generates consistent $10M+ lifts for some of the biggest brands in ecommerce, such as Sephora, Petco, Birkenstock, The Very Group, home24, Grove Collaborative and Fisheries Supply. Constructor is a U.S.-based company that was founded in 2015 by Eli Finkelshteyn and Dan McCormick. For more, visit: constructor.com
關於Constructor
Constructor是唯一專爲企業電子商務量身定做的搜索和產品發現平台，可以提高轉化率。Constructor的基於人工智能的解決方案使購物者更容易發現他們想要購買的產品，電子商務團隊可以實時提供個性化的體驗，從而產生驚人的業務結果。Constructor專門針對電子商務指標如營收、轉化率和利潤進行優化，能夠爲一些最大的電商品牌如Sephora、Petco、Birkenstock、The Very Group、home24、Grove Collaborative和Fisheries Supply等帶來持續超過1000萬美元的增長。Constructor是一家總部位於美國的公司，成立於2015年，由Eli Finkelshteyn和Dan McCormick創立。了解更多，請訪問:constructor.com
About Sapphire Ventures
Sapphire is a global software venture capital firm with more than $10 billion in AUM and team members across Austin, London, Menlo Park and San Francisco. For over a decade, Sapphire has partnered with visionary management teams and venture funds to back companies of consequence. Since its founding, Sapphire has invested in more than 170 companies globally resulting in more than 30 Public Listings and 45 acquisitions. The firm's investment strategies — Sapphire Ventures, Sapphire Partners and Sapphire Sport — are focused on scaling companies and venture funds, elevating them to become category leaders. Sapphire's Portfolio Growth team of experienced operators delivers a strategic blend of value-add services, tools and resources designed to support portfolio company leaders as they scale.
關於Sapphire Ventures
Sapphire Ventures是一家全球軟件創投公司，管理着超過100億美元的資產，並在奧斯汀、倫敦、門洛帕克和舊金山擁有團隊成員。自成立以來，Sapphire已與具有遠見卓識的管理團隊和風險投資基金合作，支持有影響力的企業。自創立以來，Sapphire已在全球投資了170多家公司，其中超過30家公司上市，45家公司被收購。該公司的投資策略Sapphire Ventures、Sapphire Partners和Sapphire Sport的重點是將公司和風險投資基金擴大到成爲類別的領導者。Sapphire的投資組合增長團隊提供一種戰略性的價值增值服務、工具和資源的組合，旨在支持組合公司的領導團隊在擴大規模時實現成功。
About Silversmith Capital Partners
Founded in 2015, Silversmith Capital Partners is a Boston-based growth equity firm with $3.3 billion of capital under management. Silversmith's mission is to partner with and support the best entrepreneurs in growing, profitable technology and healthcare companies. Representative investments include ActiveCampaign, Appfire, Apryse, DistroKid, impact.com, Iodine Software, LifeStance Health, Onbe, and Webflow. For more information, including a full list of portfolio investments, visit or follow the firm on LinkedIn.
關於Silversmith Capital Partners
Silversmith Capital Partners成立於2015年，是一家總部位於波士頓的成長股權公司，管理着33億美元的資本。Silversmith的使命是與最佳創業者合作，在增長、盈利的技術和醫療保健公司中提供支持。代表性投資包括ActiveCampaign、Appfire、Apryse、DistroKid、impact.com、Iodine Software、LifeStance Health、Onbe和Webflow。或訪問公司網站以了解更多詳細信息:LinkedIn.
SOURCE Constructor
SOURCE Constructor
譯文內容由第三人軟體翻譯。
