Klevu is a technology company.
Klevu has raised $18.4M across 3 funding rounds.
Klevu has raised $18.4M in total across 3 funding rounds.
Klevu has raised $18.4M in total across 3 funding rounds.
Klevu's investors include Revalence Ventures, Spintop Ventures, Curiosity VC, Inventure, Nokia Growth Partners.
Klevu is an AI-powered search and product discovery platform for ecommerce, now operating as part of Athos Commerce following a merger with Searchspring and Intelligent Reach. It builds solutions like Smart Search, Smart Category Merchandising, Smart Recommendations, and a Personalization Engine, serving thousands of ecommerce teams across B2B, Home & Garden, Fashion, Food & Beverage, Beauty, Pharmaceuticals, and Sports & Outdoor verticals.[1][2][8] Klevu solves the problem of poor search experiences that lead to high bounce rates and lost sales by using AI, natural language processing (NLP), and machine learning to deliver real-time, personalized results based on shopper intent, predicting and driving conversions with features like semantic query processing and automated catalog enrichment.[1][3][5] Its plug-and-play integrations with platforms like Shopify, Magento, BigCommerce, Salesforce Commerce Cloud, and commercetools enable quick deployment, with growth evidenced by its Shopify Plus Partner status and guarantees of at least 10x ROI.[1][2][4]
Klevu Oy was founded in 2013 in Helsinki, Finland, by a small, nimble team drawing from diverse cross-cultural backgrounds across three continents and multiple languages.[2][6] The idea emerged from a core challenge: delivering the world's most contextually accurate ecommerce search to connect shoppers precisely with desired products, addressing frustrations like irrelevant results, typos, and no-results scenarios in traditional keyword-based systems.[1][3][5][6] Early traction came from its self-learning capabilities, leveraging nearly 10 billion search queries across 40+ domains and 30+ languages to automate relevancy without heavy manual setup, quickly gaining adoption via easy integrations and features like real-time merchandising.[3][5][6]
Klevu's edge lies in its advanced AI stack combining NLP, machine learning, deep neural networks, and user behavior analytics, setting it apart from basic keyword tools:
Klevu rides the wave of AI-driven ecommerce personalization, where shoppers expect instant, intent-aware discovery amid rising mobile/voice search and complex catalogs—trends amplified by post-pandemic online shopping growth.[1][5][9] Timing is ideal as MACH architectures (microservices, API-first, composable, headless) demand flexible, cloud-native tools like Klevu's, integrating seamlessly into headless commerce on Shopify or commercetools.[2][5] Market forces favoring it include exploding data from 10 billion+ queries enabling superior training over "garbage-in-garbage-out" rivals, plus B2B expansions like SKU-level search and customer-group pricing.[3][5] It influences the ecosystem by automating merchandising and insights, empowering merchants to boost revenue/order value while reducing manual work, and now via Athos Commerce, expands offsite reach.[8][9]
Klevu, now amplified under Athos Commerce, is poised to dominate AI ecommerce discovery as generative AI and multimodal search (e.g., enhanced image/voice) evolve, potentially integrating deeper with emerging AR/VR shopping and global B2B platforms.[1][8] Trends like real-time personalization and zero-party data will shape its path, with expansions in languages, domains, and predictive analytics driving further adoption amid composable commerce's rise.[2][5] Its influence may grow through ecosystem partnerships, solidifying Athos as a full-spectrum leader in connecting shoppers to products at scale—echoing its founding mission to make search the bridge to sales.[3][6][8]
Klevu has raised $18.4M across 3 funding rounds. Most recently, it raised $12.0M Series A in April 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2021 | $12.0M Series A | Revalence Ventures, Spintop Ventures | |
| Nov 1, 2019 | $6.0M Series A | Curiosity VC, Inventure, Nokia Growth Partners, Revalence Ventures, Spintop Ventures | |
| Mar 1, 2014 | $350K Seed | Curiosity VC, Inventure, Nokia Growth Partners |