Daydream, a USA-based AI-poered search and discovery shopping platform, raised $50M in Seed funding.
The round was led by Forerunner Ventures and Index Ventures with participation from GV (Google Ventures) and True Ventures.
The company intends to use the funds to further enhance its personalized shopping experience empowered by a search engine that offers a way to find and discover women’s and men’s fashion.
Led by Julie Bornstein, CEO, Daydream is building an entirely new platform leveraging developments in generative AI, machine learning, and computer vision to change the end-to-end shopping journey and experience starting from search and discovery. In its pre-launch phase, The company already has close to 2,000 brands in its catalog through partnerships with both multi-brand and mono-brand retailers.
The executive team also includes:
- Dan Cary as Chief Product Officer, formerly at Google including Google’s AI Research Group
- Matt Fisher as Chief Technology Officer, who led Data and Applied Science at Microsoft and oversaw measurement and marketing science at Amazon for Prime Video
- Lisa Green as Chief Commercial Officer, who has spent her career at the intersection of fashion and technology, leading partnerships and business development for Google, THE YES, and Condé Nast
- Richard Kim as Chief Strategy Officer, most recently Head of Shopping Strategy and Operations at Pinterest, Chief Growth Officer at THE YES and VP of Strategy at TMON, who has spent his career in scaling dual-sided marketplace startups
FinSMEs
23/06/2024
