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Follow on Google News | AI-Based Ecommerce Technology Provider Wordego Inc. Raised $450K Seed InvestmentAI-based ecommerce technology solutions provider Wordego Inc. announced its $450K seed round funding led by Saudi Group and Keiretsu Forum.
By: Wordego Inc. Wordego, the startup's first product giving its name to the company, provides ecommerce businesses to auto-adjust their advertising bids for each audience and thus generate maximum return on ad investment with minimum ad expenditure. Whereas the venture's second product Sortext provides ecommerce businesses to double the conversion of their first-time visitors and thus boost their web store's revenues by more than 20% with no extra investment. Based in Chicago, Berlin, and Istanbul, the startup's ai-based innovative solutions help online retailers maximize the conversion of their visitors and boost ecommerce revenues with no extra investment. Wordego and Sortext are used widely by many ecommerce businesses, from fashion & beauty to health & personal care, electronics & media to luxury & jewelry, food & retail to home & decoration, book & stationery to toys, games & hobbies sectors. Including its current $450K seed round funding, the company surpassed the $1M investment level with its $400K pre-seed round in 2019 and $200K bridge round in 2020. The funding will enable the startup to expand its market and deliver more online shopping experiences tailored to consumers, boosting revenues for online retailers.
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