About CleverSet
CleverSet is a company based in Seattle (United States) founded in 2001 was acquired by Art Technology Group in January 2008. CleverSet has raised $2 million across 2 funding rounds from investors including Art Technology Group and National Science Foundation. CleverSet operates in a competitive market with competitors including Klaviyo, Elastic Path Software, CommerceIQ, Bango and Yotpo, among others.
- Headquarter Seattle, United States
- SectorsTechnologyRetail
- Website cleverset.com
- Acquired by Art Technology Group (Jan 2008)
- Total Equity Funding$2M (USD)
in 2 rounds
- Latest Funding Round$2M (USD), Series A
Dec 2007
- InvestorsArt Technology Group
& 1 more
- Acquired byArt Technology Group
(Jan 2008)
Funding Insights of CleverSet
CleverSet has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in December 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2M
- Total Rounds 2
- Last Round Series A — $2M
- First Round $500,000
(Jan 2006)
- Investors Count 1
All 2 funding rounds of CleverSet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2007 | $2M | Series A | – | – | – |
| Jan 2006 | $500,000 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in CleverSet
CleverSet has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Art Technology Group and National Science Foundation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States | |
eCommerce software and cross-channel optimization applications are provided. | 1991 | atg.com | Cambridge, United States |
Investor details for CleverSet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of CleverSet
4 dated milestones of CleverSet across 7 years, from founding to its latest funding, stage changes and deals.
- Founded CleverSet is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Series A, of $2.0M.
- Exit Acquired by Art Technology Group.
Competitors of CleverSet
CleverSet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Klaviyo, Elastic Path Software, CommerceIQ, Bango and Yotpo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| klaviyo.com | 2012 | Boston, United States | $778.5M | 1,454 | SaaS email marketing solutions are offered to e-commerce businesses. | |
| elasticpath.com | 2000 | Vancouver, Canada | $152.68M | 49 | API-based enterprise commerce and content management platform is delivered. | |
| commerceiq.ai | 2012 | Mountain View, United States | $195.5M | 256 | AI platform for retail ecommerce management and optimization is provided. | |
| bango.com | 1999 | Cambridge, United Kingdom | – | 274 | Marketing solutions for e-commerce businesses are provided by Bango. | |
| yotpo.com | 2011 | New York, United States | $176M | – | Cloud-based marketing platform for e-tailers | |
| nosto.com | 2011 | Helsinki, Finland | $31.78M | – | Personalized product recommendations are delivered via SaaS to online retailers. | |
| yottaa.com | 2009 | Waltham, United States | $63.76M | 80 | Cloud-based landing page optimization is provided for brands and retailers. | |
| eversightlabs.com | 2013 | Palo Alto, United States | $34.9M | 55 | SaaS-based promotion software is offered for retail testing. |
Detailed competitors of CleverSet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Cleverset
Complete news archive for CleverSet
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to CleverSet
10 companies that operate in the same segment as CleverSet (MarketingTech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of AI-powered customer relationship management software | 2005 | Cambridge, Massachusetts, United States | USD 100.7 M | USD 3.13 B | 8,250 | |
Zeta Global is recognized as an AI-powered marketing cloud. | 2007 | New York, New York, United States | USD 360.17 M | USD 1.3 B | 2,190 | |
Multi-channel online marketing tools are provided for small businesses. | 1998 | Waltham, Massachusetts, United States | USD 37 M | – | – | |
Cloud-based omnichannel communication and customer engagement platform is utilized. | 2008 | San Francisco, California, United States | USD 239.77 M | USD 5.07 B | 5,540 | |
Mobile marketing platform for attribution and user acquisition | 2012 | San Francisco, California, United States | USD 1.72 B | USD 4.71 B | 1,560 | |
AI-powered platform manages marketing creatives and customer journeys. | 1982 | San Jose, California, United States | – | USD 23.77 B | 30,710 | |
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 2,180 | |
Contact databases and sales intelligence are supplied to businesses. | 2000 | Vancouver, Washington, United States | USD 32 M | USD 1.25 B | 3,510 | |
Automated usability testing and feedback for mobile experiences is provided. | 2007 | San Francisco, California, United States | USD 148.5 M | USD 21.68 M | 557 | |
Video hosting, creation, management, and streaming services are provided. | 2004 | New York, New York, United States | USD 450 M | USD 417.01 M | 1,100 |
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Frequently Asked Questions about CleverSet
CleverSet was founded in 2001 and raised its 1st funding round 5 years after it was founded.
CleverSet is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
CleverSet is a funded company, having raised a total of $2M across 2 funding rounds to date. The company's 1st funding round was a Grant of $500K, raised on Jan 2006.
CleverSet was founded in 2001 in Seattle, United States, by statistics expert Bruce DAmbrosio, a professor emeritus at Oregon State University. Discovery and recommendation engines are provided to e-commerce platforms, with product matches generated through statistical analysis. Initial work stemmed from a National Science Foundation grant for satellite behavior tracking, and CEO Todd Humphrey was later hired to commercialize the technology in the e-commerce sector.
CleverSet's top competitors include Klaviyo, CommerceIQ and Yotpo.
CleverSet has 2 investors. Key investors include Art Technology Group, and National Science Foundation.
Yes. CleverSet was acquired by Art Technology Group in January 2008.