USA – Harmonya, a New York-based software company which specializes in CPG and retail with AI-powered product data, raised $20M in Series A funding.
The round, which brought the total amount to $25M, was led by Bright Pixel Capital with participation from existing investor Team8, as well as Arc Investors, J Ventures, Silicon Road Ventures, Allen & Company, LiveRamp Ventures, and Susa Ventures.The company intends to use the funds to further develop its proprietary generative AI technology, enhance its suite of tools, and scale its go-to-market operations.Led by CEO Cem Kent, Harmonya is a provider of an AI-powered product data enrichment, categorization, and insights platform for retailers and brands to spot and react to current consumer trends, by providing AI-generated product attributes from titles, descriptions, ingredients, reviews, and more. The solution transforms static, commoditized product data into a dynamic resource to enrich, categorize, and draw insights from products and help Fortune 500 CPGs and retailers grow their businesses. The company has an office in Tel Aviv.05/09/2023
