Deals

Alyce Raises $5.3M in Funding
Date: 
Tuesday, October 24, 2017
Location: 
Boston
Categories: 
B2B
Consumer
eCommerce & Marketplaces
Other
Deal Type: 
Funding

Alyce, Inc., whose AI-powered “nail the perfect gift” engagement platform was founded to disrupt the $120 billion business gifting market, today announced a $5.3 million financing round to aggressively expand the platform and accelerate sales.

Alyce customers leverage human-enhanced artificial intelligence (AI) for gifting superpowers to send the perfect gift to their most important prospects, customers or employees, selected from over 30,000 products on the Alyce marketplace.

Alyce works like a psychic digital gift concierge, selecting the most relevant gift for up to thousands of gifts recipients at a time, each delivered personally to drive one-to-one engagement. The recipient is never disappointed because they can accept the gift, trade it in for something else, or instantly donate the cash value to a charity of their choosing.

The funding round was led by Boston Seed Capital, with participation by Founder Collective, General Catalyst, Manifest Investment Partners and Golden Venture Partners... READ MORE