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Staytuned, a San Francisco-based start-up, has recently secured $34M in funding, which will be used to build its Salesforce Suite for E-commerce. This suite will offer retailers the ability to manage their sales, marketing, inventory, and customer data in real-time, all while providing a personalized shopping experience for customers. The funding was raised through a combination of equity and debt financing, with participation from top investors like Marquette Capital Partners, Bain Capital, and Goldman Sachs.
As the e-commerce industry continues to grow and evolve, Staytuned’s goal is to become the go-to platform for businesses looking to increase their sales and improve their overall customer experience. To achieve this, the company’s founders, Rajeev Goel and Chih-Han Yu, have set their sights on building a unified platform that brings together all of the tools and features that retailers need to succeed.
“We believe that the future of e-commerce is going to require a deep integration of the different tools that businesses use to grow and manage their businesses,” says Goel. “Our mission is to create a suite of products that streamline these processes and allow our customers to focus on what they do best: selling their products.”
One of the key features of Staytuned’s suite is its ability to integrate with Salesforce, one of the most powerful sales and marketing platforms on the market. By doing this, the company will be able to offer retailers real-time data on their sales, inventory, and customer behavior, which they can then use to target promotions, make inventory decisions, and improve customer satisfaction.
Another standout feature of Staytuned’s suite is its personalized shopping experience. The suite uses machine learning algorithms to analyze customer data and recommend products that are relevant to them. This way, retailers can offer customers a more personalized experience that is tailored to their specific needs.
Staytuned’s suite offers several benefits for retailers, including improved customer engagement, greater visibility into sales and inventory, and increased efficiency in managing their business. With real-time data on sales and inventory, retailers can make informed decisions about their products and promotions, which can lead to increased sales and higher profits.
The personalized shopping experience that Staytuned’s suite offers is also a major benefit for retailers. By providing customers with relevant product recommendations, retailers can increase customer satisfaction and loyalty, which can lead to repeat business and positive reviews.
Overall, Staytuned’s $34M funding round is a major milestone for the company, as it puts them one step closer to realizing their vision for the future of e-commerce. By building a suite of products that integrates with Salesforce and offers real-time data and personalized shopping experiences, Staytuned is poised to become a major player in the e-commerce industry in the years to come.
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