About Remark
Remark is a company based in New York (United States) founded in 2020 by Ian Patterson, Carl-Philip Majgaard, and Theo Satloff. It operates as a SaaS (Software-as-a-Service), and AI-as-a-Service. Remark has raised $26.3 million across 2 funding rounds from investors including Stripe, Neo and Spero. Remark offers products and services including Remark AI Guidance, Personalized On-Site Rewrites, and Knowledge Hub. Remark operates in a competitive market with competitors including Outfindo, Valyant, Northfork, Ve Global and Big Sur AI, among others.
- Headquarter New York, United States
- Founders Ian Patterson, Carl-Philip Majgaard, Theo Satloff
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Sectors
RetailTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name 97 Labs, 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
$26.3 M (USD)
in 2 rounds
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Latest Funding Round
$16 M (USD), Series A
Jul 01, 2025
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Investors
Stripe
& 12 more
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Employee Count
Employee Count
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Products & Services of Remark
Remark offers a comprehensive portfolio of products and services, including Remark AI Guidance, Personalized On-Site Rewrites, and Knowledge Hub. 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.
AI personas guide shoppers with personalized product advice.
Website content adapts dynamically to shopper behavior instantly.
Interactions build a smarter database for better responses.
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Funding Insights of Remark
Remark has successfully raised a total of $26.3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in July 2025. 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 2
- Last Round Series A — $16.0M
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First Round
First Round
(30 May 2024)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series A - Remark | Valuation | Inspired Capital | |
| May, 2024 | Amount | Seed - Remark | Valuation | Spero Ventures , Stripe |
| 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 Remark
Remark has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Stripe, Neo and Spero. 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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A boutique venture firm is focused on purpose-led companies.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are made by Shine Capital.
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Founded Year | Domain | Location | |
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Venture capital firm focused on multiple sectors
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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 Remark
| 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 - Remark
| 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 |
Remark Comparisons
Competitors of Remark
Remark 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 Outfindo, Valyant, Northfork, Ve Global and Big Sur AI, 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 shopping assistants are developed for e-commerce guidance.
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| domain | founded_year | HQ Location |
AI-enabled customer service solutions are developed for retail.
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| domain | founded_year | HQ Location |
AI-powered shopping lists are generated for grocery retailers' customers.
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| domain | founded_year | HQ Location |
Multichannel personalization solutions are delivered to online retailers via SaaS.
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| domain | founded_year | HQ Location |
AI customer assistants are delivered for e-commerce retailers.
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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 Remark
Frequently Asked Questions about Remark
When was Remark founded?
Remark was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Remark located?
Remark is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Remark?
Theo Satloff is the current CEO of Remark. They have also founded this company.
Is Remark a funded company?
Remark is a funded company, having raised a total of $26.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $10.3M, raised on May 30, 2024.
What does Remark do?
Remark is engaged in providing AI-powered solutions for e-commerce platforms, specializing in personalized shopper guidance. The company operates within the technology sector, focusing on software that enhances online shopping experiences. Solutions offered include AI personas trained by real experts, dynamic content adaptation, and a growing knowledge base from user interactions. Remark serves various industries such as outdoor gear, health and wellness, luxury fashion, and home furnishings, aiming to increase conversions, reduce returns, and boost average order values for brands.
Who are the top competitors of Remark?
Remark's top competitors include Big Sur AI, Outfindo and Ve Global.
What products or services does Remark offer?
Remark offers Remark AI Guidance, Personalized On-Site Rewrites, and Knowledge Hub.
Who are Remark's investors?
Remark has 13 investors. Key investors include Stripe, Neo, Spero, Shine Capital, and Sugar Capital.
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