SmarterX

SmarterX gives retailers and brands the data they need to sell regulated consumer products

General Information
Company Name
SmarterX
Founded Year
2015
Location (Offices)
Boulder, United States +1
Founders / Decision Makers
Number of Employees
55
Industries
Information Technology, Supply Chain, Sustainability
Funding Stage
Series A
Social Media

SmarterX - Company Profile

SmarterX is an AI platform established in 2015 with the mission to provide comprehensive solutions for product decisions. The company's slogan "One AI platform for all your product decisions" highlights its commitment to offering a unified approach to product management. Specializing in Information Technology and Sustainability, SmarterX is headquartered in the United States. In its most recent funding round, the company secured $7.00M in a Series A investment on 01 August 2022 from Regeneration.vc. SmarterX presents a unique value proposition, as it offers the first-ever AI model designed to replace the traditional compliance team. This innovative approach enables businesses to achieve faster and smarter classifications at scale, addressing the challenges associated with the complexities of regulatory compliance. The company acknowledges the increasingly complex regulatory environment, the proliferation of retailers, and the expansion of 3P marketplaces. Through leveraging their advanced AI technology, SmarterX aims to streamline compliance processes and alleviate the burden for businesses. The company's pricing model, set at $1 per product, underscores its commitment to providing cost-effective solutions and rapid classification results, ultimately enabling businesses to operate more efficiently. This recent investment from Regeneration.vc underscores the confidence in SmarterX's potential and its capacity to revolutionize compliance and product management processes. As SmarterX continues to advance its AI capabilities and expand its market presence, it stands poised to make substantial waves in the technology and sustainability sectors, offering innovative solutions to address the evolving needs of modern businesses.

Taxonomy: AI Platform, CPG Compliance, Product Classification, 3P Marketplaces, Supply Chain, Environmental Impact, Product Intelligence, PLM System, PIM, ESG

Funding Rounds & Investors of SmarterX (5)

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Funding Stage Amount No. Investors Investors Date
Series A $7.00M 1 01 Aug 2022
Series A $25.00M 2 G2 Venture Partners 23 Mar 2022
Seed Round $16.70M 1 19 Sep 2019
Seed Round $10.90M 2 28 Feb 2019
Seed Round $5.50M - 15 Feb 2018

Latest News of SmarterX

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No recent news or press coverage available for SmarterX.

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