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Overview

Spangle, an AI e-commerce startup founded by former Bolt CEO Maju Kuruvilla, has raised $15 million in a Series A funding round, bringing its valuation to $100 million. Led by NewRoad Capital Partners, the funding aims to help retailers personalize shopping experiences using AI-generated recommendations. Since its inception, Spangle has signed nine enterprise customers, including major fashion retailers, and has seen significant growth in traffic and revenue.

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Investors: NewRoad Capital Partners
Spangle, an AI e-commerce startup founded by former Bolt CEO Maju Kuruvilla, has raised $15 million in a Series A funding round, bringing its valuation to $100 million. Led by NewRoad Capital Partners, the funding aims to help retailers personalize shopping experiences using AI-generated recommendations. Since its inception, Spangle has signed nine enterprise customers, including major fashion retailers, and has seen significant growth in traffic and revenue.
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