About Lily AI
Lily AI is a company based in Mountain View (United States) founded in 2015 by Sowmiya Chocka Narayanan and Purva Gupta. It operates as a SaaS (Software-as-a-Service), and AI-as-a-Service. Lily AI has raised $61.92 million across 4 funding rounds from investors including National Education Association, Canaan and Conductive Ventures. The company has 34 employees as of December 31, 2024. Lily AI offers products and services including Product Content Optimization, Site Search, and Paid Ads Optimization. Lily AI operates in a competitive market with competitors including Aistetic, Selectika, NetVirta, Savitude and Reflekt Me, among others.
- Headquarter Mountain View, United States
- Employees 34 as on 31 Dec, 2024
- Founders Sowmiya Chocka Narayanan, Purva Gupta
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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- Legal Name Onelook, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$61.92 M (USD)
in 4 rounds
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Latest Funding Round
$20 M (USD), Series B
Mar 14, 2024
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Investors
National Education Association
& 15 more
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Employee Count
34
as on Dec 31, 2024
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Products & Services of Lily AI
Lily AI offers a comprehensive portfolio of products and services, including Product Content Optimization, Site Search, and Paid Ads Optimization. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Product content is optimized for search and discovery.
Site search is enhanced with enriched product attributes.
Ad performance is maximized with structured product data.
Unlock access to complete
Funding Insights of Lily AI
Lily AI has successfully raised a total of $61.92M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in March 2024. 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 Total Funding
- Total Rounds 4
- Last Round Series B — $20.0M
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First Round
First Round
(13 Dec 2017)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series B - Lily AI | Valuation | Conductive Ventures | |
| Aug, 2022 | Amount | Series B - Lily AI | Valuation | Canaan | |
| Jan, 2020 | Amount | Series A - Lily AI | Valuation | Canaan |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lily AI
Lily AI has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include National Education Association, Canaan and Conductive Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in AI, blockchain, 3D printing, and robotics.
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Founded Year | Domain | Location | |
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Venture capital investments are facilitated from San Francisco base.
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Founded Year | Domain | Location | |
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Venture capital fund investing in early-stage tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lily AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lily AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lily Ai Comparisons
Competitors of Lily AI
Lily 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 Aistetic, Selectika, NetVirta, Savitude and Reflekt Me, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-integrated 3D scanning solutions are offered for the fashion industry.
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| domain | founded_year | HQ Location |
AI-based personalization systems are provided for eCommerce businesses.
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| domain | founded_year | HQ Location |
B2B 3D scanning software is supplied to fashion brands.
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| domain | founded_year | HQ Location |
Personalized fit-based apparel recommendations for women are offered online.
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| domain | founded_year | HQ Location |
Personalization and engagement solutions are provided for fashion businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lily Ai
Frequently Asked Questions about Lily AI
When was Lily AI founded?
Lily AI was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Lily AI located?
Lily AI is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Who is the current CEO of Lily AI?
Purva Gupta is the current CEO of Lily AI. They have also founded this company.
Is Lily AI a funded company?
Lily AI is a funded company, having raised a total of $61.92M across 4 funding rounds to date. The company's 1st funding round was a Series A of $14.92M, raised on Dec 13, 2017.
How many employees does Lily AI have?
As of Dec 31, 2024, the latest employee count at Lily AI is 34.
What does Lily AI do?
Lily AI is engaged in providing an ecommerce product discovery platform tailored for brands in fashion, home, and beauty sectors. The platform is designed to optimize product content for both human and machine understanding, enhancing visibility across search engines and generative AI platforms. Solutions offered include site search enhancement, paid ads optimization, SEO and GEO strategies, and marketplace data refinement. The technology is powered by AI models and proprietary datasets to deliver enriched product attributes, trend alignment, and consumer-relevant product copy, ultimately driving sales and engagement for global brands and retailers.
Who are the top competitors of Lily AI?
What products or services does Lily AI offer?
Lily AI offers Product Content Optimization, Site Search, and Paid Ads Optimization.
Who are Lily AI's investors?
Lily AI has 16 investors. Key investors include National Education Association, Canaan, Conductive Ventures, Counterpart Ventures, and Cendana Capital.