Depict AI

Stockholm, Sweden Founded: 2019 • Age: 7 yrs
Provider of AI-based product recommendation platform for businesses
Annual revenue - Latest available
Total funding $19.9M 4 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Depict AI

Depict AI is a company based in Stockholm (Sweden) founded in 2019 by Anton Osika and Oliver Edholm. Depict AI has raised $19.95 million across 4 funding rounds from investors including Tiger Global, Initialized Capital and EQT Ventures. Depict AI offers products and services including Custom Supergrids, Automation Features, and Visualize Tool. Depict AI operates in a competitive market with competitors including Nosto, Monetate, Halla, Findmine and Certona, among others.

  • Headquarter Stockholm, Sweden
  • Founders Anton Osika, Oliver Edholm
  • Sectors
    Retail
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $19.95 M (USD)

    in 4 rounds

  • Latest Funding Round
    $17 M (USD), Series A

    Feb 24, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of Depict AI

Depict AI offers a comprehensive portfolio of products and services, including Custom Supergrids, Automation Features, and Visualize Tool.

Product name locked
Category locked
Primary

Enables creation of grids for product collections via drag-and-drop.

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Automates product sorting based on rules and stock status.

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Provides mobile and desktop previews of e-commerce storefronts.

People of Depict AI

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Charles Binet
Head Of Product & Design
People
Ludvig Swanström
Partnership Manager
People
Oliver Edholm
CEO & Co-Founder
People
Daniel Troger
Software Engineer

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Funding Insights of Depict AI

Depict AI has successfully raised a total of $19.95M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $17 million completed in February 2022. 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.

Investors in Depict AI

Depict AI has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Tiger Global, Initialized Capital and EQT Ventures.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture and private equity investments are managed with global diversification.
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Seed and early-stage technology investments are managed by the firm.
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Venture capital investments in technology and innovation sectors.
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Investor details for Depict AI

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Depict AI

Investments
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Investment portfolio details for Depict AI

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Depict AI

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Detailed financials for Depict AI

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  • Profit trends
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Depict Ai Comparisons

Depict AI Primary company
Description
Provider of AI-based product recommendation platform for bus...
Location
Stockholm, Sweden
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Depict AI

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Competitors of Depict AI

Depict AI 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 Nosto, Monetate, Halla, Findmine and Certona, among others.

Company Name Domain Founded year HQ Location Description
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Personalized product recommendations are delivered via SaaS to online retailers.
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Personalized solutions for businesses are delivered via an end-to-end platform.
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Personalized food recommendations are provided to grocery shoppers.
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Product recommendations are delivered to website buyers through SaaS.
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Real-time omnichannel personalization is delivered for retailers.
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AI personalization solutions for product recommendations are offered to businesses.
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Detailed competitors of Depict AI

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Latest news on Depict Ai

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Complete news archive for Depict AI

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Frequently Asked Questions about Depict AI

Depict AI was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Depict AI is headquartered in Stockholm, Sweden.

Oliver Edholm is the current CEO of Depict AI. They have also founded this company.

Depict AI is a funded company, having raised a total of $19.95M across 4 funding rounds to date.

Depict is a provider of an AI-based product recommendation platform for businesses. It creates create sample recommendations through its algorithm. It will be integrated into the system by updating the existing Google analyticsGoogle tag manager. It automatically runs the AB testing using Google optimize to measure the performance of the store.

Depict AI's top competitors include Nosto, Monetate and Haut.

Depict AI offers Custom Supergrids, Automation Features, and Visualize Tool.

Depict AI has 8 investors. Key investors include Tiger Global, Initialized Capital, EQT Ventures, Y Combinator, and Northzone.

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