Rep AI Overview
Rep AI is replacing the e-commerce search experience with a Gen-AI sales concierge with Behavioral AI to detect and engage with 98% of the visitors who haven’t purchased yet and another AI that analyzes conversations with shoppers and highlights missing information to train the AI. Increasing the conversion by 25%.
Cumulative Funding Raised Over Time ($)
$8.2MAug 2024
$12.4MFeb 2023
Latest News
growth-positive
Rep AI raises $8.2 million for its AI sales concierge tool | CTech
Israeli startup Rep AI has announced the closure of a Series A funding round, raising $8.2 million. The investment, led by Osage Venture Partners with participation from Flashpoint Venture Capital and Oryzn Capital, will be used to further develop Rep AIs e-commerce sales tool. This tool leverages behavioral AI and large language models to provide personalized sales assistance on Shopify, significantly improving conversion rates and ROI for merchants. Rep AIs technology is already in use by 500 merchants worldwide, helping them offer timely assistance to shoppers and enhancing the overall e-commerce experience.
InvestmentCustomers
| Sector | Business Software |
Funding
| Total funding | $12.4M |
| Last funding | $8.2M |
| Stage | A |
| Rounds | 2 |
| Investors | 6 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | www.hellorep.ai |
| Careers | Careers page |
Locations
Derech Menachem Begin 121, Tel Aviv-Jaffa, Israel
Delaware is 651 N Broad St, Suite 206, in the city of Middletown, zip code 19709
Photos & Videos
2 item(s)
Rep AI Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Business SoftwareSales & Marketing Solutionse-Commerce ToolsTarget Customer
Commerce & RetailConsumer GoodsConsumersProfessionals & Gig EconomyRecreational & LifestyleDemographics & FamilyCore Technology
Artificial IntelligenceNatural Language ProcessingChatbotsVoice & Speech RecognitionDeep LearningMachine LearningSensingGeolocationAcousticsTags (2)
saasecommerceSolutions
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{"title":"E-commerce","description":"Rep AI's AI chatbot, integrated with Gorgias, automates customer service inquiries, provides personalized product recommendations, and handles routine tasks for e-commerce businesses, freeing up human agents for complex issues.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":2,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":3,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}}]}
Use Cases
case-studiesVush Uses Rep + GorgiasGeographic Markets
AmericasSouth AmericaNorth AmericaCentral AmericaRep AI Financials
$12.4M
Total funding
Undisclosed
Capital raised
$8.2M
Last funding
A
Funding stage
2
Total rounds
6
Investors
Cumulative Funding Raised Over Time ($)
$8.2MAug 2024
$12.4MFeb 2023
Private Equity Funding
A Round
Aug 2024
$8.2M
Osage Venture Partners (Lead)
,
HORIZON CAPITAL, Flashpoint Venture Capital
Pre-Seed
Feb 2023
$4.2M
Summus Venture Capital, ATOORO Fund, DHVC (Digital Horizon Capital)
Rep AI Lifecycle
Cumulative Funding Raised Over Time
$8.2MAug 2024
$12.4MFeb 2023
All Events
A Round
Aug 2024
$8.2M
Osage Venture Partners (Lead)
,
HORIZON CAPITAL, Flashpoint Venture Capital
Pre-Seed
Feb 2023
$4.2M
Summus Venture Capital, ATOORO Fund, DHVC (Digital Horizon Capital)
Rep AI News
1 article
growth-positive
Rep AI raises $8.2 million for its AI sales concierge tool | CTech
Israeli startup Rep AI has announced the closure of a Series A funding round, raising $8.2 million. The investment, led by Osage Venture Partners with participation from Flashpoint Venture Capital and Oryzn Capital, will be used to further develop Rep AIs e-commerce sales tool. This tool leverages behavioral AI and large language models to provide personalized sales assistance on Shopify, significantly improving conversion rates and ROI for merchants. Rep AIs technology is already in use by 500 merchants worldwide, helping them offer timely assistance to shoppers and enhancing the overall e-commerce experience.
InvestmentCustomers
Rep AI Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 31 |
| Team members | 2 |
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Rep AI Internal
Recent Updates
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Admin Info
| Confidence | 92/100 |
| Missing | tags, markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 516107901 |
| Crunchbase | voicefront |
| Phone | 0528835500 |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2023-11-15T00:00:00.000Z |
| Created | 2019-09-05T00:00:00.000Z |
| Claimed | Yes |