Nosto, the intelligent Commerce Experience Platform (CXP), has announced it has secured $16.0M in new funding from investors. This capital infusion marks a significant development for the company as it continues to expand its offerings in the commerce technology sector.
Nosto provides brands and retailers with intuitively designed tools to increase online revenue through end-to-end commerce experience management. Its core offering, experience.AIâ„¢, helps businesses enrich and activate customer, product, and content data in real-time. This technology powers personalization, product discovery, and user-generated content, enabling the delivery of high-performing commerce experiences at scale.
The investment underscores confidence in Nosto's platform and its ability to deliver measurable value to its extensive client base. Nosto currently supports intelligent commerce experiences for more than 1,500 brands in over 100 countries, including notable names such as Kylie Cosmetics, Dermalogica, and Vuori. This funding round is expected to strengthen Nosto's market position and accelerate its strategic initiatives.
The newly raised capital will be directed towards accelerating product development, expanding its global market reach, and enhancing its AI-driven capabilities to further empower brands in optimizing their online presence. Nosto aims to continue its trajectory of innovation, supporting intelligent commerce experiences for a growing number of brands worldwide.
