Promoted.ai is a ML platform that provides the software, infrastructure, and real-time backend delivery systems for marketplaces to build their own self-service, native promoted listings business.
Promoted.ai is on a mission to match every buyer with every seller across every app.
Promoted was founded in 2020 by Andrew Yates and Dan Hill. The company is headquartered in San Francisco, California.
Promoted works by measuring everything in the marketplace using its real-time streaming data infrastructure. Then, Promoted maximizes conversions in search and feed through machine learning.
Promoted creates a “unified currency” for optimizing trade-offs between the optimal user experience in search and feed, seller experience using ads and promotions, and marketplace profitability versus growth.
Promoted is the only company to unify search, feed, ads, and promotions for top marketplaces like Outschool, Hipcamp, Teachers Pay Teachers, Snackpass, and other e-commerce unicorns.
Promoted is backed by Y Combinator, Interlace Ventures, Vela Partners, Rebel Fund, and others. The company raised $6M in an additional Seed financing on Jul 01, 2022. This brings Promoted's total funding to $8M to date.