About Nosto
Nosto is a company based in Helsinki (Finland) founded in 2011 by Antti Poyhonen, Juha Valvanne, and Jani Luostarinen. It operates as a SaaS (Software-as-a-Service). Nosto has raised $31.78 million across 5 funding rounds from investors including European Investment Bank, Idinvest Partners and Business Finland. Nosto has completed 3 acquisitions, including Findologic, SearchNode and Stackla. Nosto offers products and services including Personalized Search, Product Recommendations, Category Merchandising, and Post-Purchase Upsell. Nosto operates in a competitive market with competitors including Zeta Global, Braze, Smartly.io, Insider and Blueshift, among others.
- Headquarter Helsinki, Finland
- Founders Antti Poyhonen, Juha Valvanne, Jani Luostarinen
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Sectors
TechnologyRetail
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$31.78 M (USD)
in 5 rounds
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Latest Funding Round
$16 M (USD), Series B
Feb 23, 2023
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Investors
European Investment Bank
& 9 more
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Employee Count
Not available
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Investments & Acquisitions
Findologic
& 2 more
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Products & Services of Nosto
Nosto offers a comprehensive portfolio of products and services, including Personalized Search, Product Recommendations, Category Merchandising, and Post-Purchase Upsell.
AI-driven search delivers hyper-relevant results for shoppers.
Predictive AI suggests products to boost shopper conversions.
Automated rules optimize category pages for better results.
Personalized offers are shown after purchase to increase sales.
People of Nosto
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Funding Insights of Nosto
Nosto has successfully raised a total of $31.78M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $16 million completed in February 2023. 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 Nosto
Nosto has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include European Investment Bank, Idinvest Partners and Business Finland.
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Multiple sectors are invested in by OpenOcean venture capital fund.
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Equity investments are provided to low and middle market companies.
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Investor details for Nosto
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Investments & Acquisitions by Nosto
Nosto has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Findologic, SearchNode and Stackla.
Investment portfolio details for Nosto
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI search solutions are delivered for eCommerce platforms.
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User-generated social content is curated and displayed for marketing use.
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Cloud-based on-site search solutions are offered to online retailers.
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Complete acquisition details for Nosto
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Financial Statements - Nosto
Detailed financials for Nosto
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Nosto Comparisons
Peer comparison for Nosto
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Competitors of Nosto
Nosto 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 Zeta Global, Braze, Smartly.io, Insider and Blueshift, among others.
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Zeta Global is recognized as an AI-powered marketing cloud.
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AI-based omnichannel customer engagement solutions are delivered to businesses.
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Social advertising is managed and optimized via a SaaS platform.
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AI-native omnichannel customer experiences are orchestrated through integrated platforms.
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AI-driven platform for unifying customer data and automating personalized marketing.
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Detailed competitors of Nosto
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Latest news on Nosto
Complete news archive for Nosto
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Frequently Asked Questions about Nosto
Nosto was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Nosto is headquartered in Helsinki, Finland.
Nosto is a funded company, having raised a total of $31.78M across 5 funding rounds to date.
Nosto is established as a provider of AI-powered ecommerce personalization solutions. The company focuses on delivering tailored shopping experiences through its Commerce Experience Platform (CXP). Solutions offered include personalized search, product recommendations, category merchandising, and post-purchase upsell features. These are supported by advanced technologies such as Predictive AI, Semantic AI, and Generative AI. Nosto serves over 1,500 global brands, operating in the technology and ecommerce sectors. Integration with major commerce platforms and technologies is provided to ensure seamless implementation. The platform is designed to increase conversions, basket size, and customer retention without impacting site speed.
Nosto's top competitors include Zeta Global, Smartly.io and Blueshift.
Nosto offers Personalized Search, Product Recommendations, Category Merchandising, and Post-Purchase Upsell.
Nosto has made 3 acquisitions, including Findologic, SearchNode, and Stackla.
Nosto has 10 investors. Key investors include European Investment Bank, Idinvest Partners, Business Finland, Mandatum Asset Management, and OpenOcean.