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§ Private Profile · Singapore, Singapore
ViSenze - AI for Visual Commerce is a company.
ViSenze - AI for Visual Commerce has raised $34.0M across 3 funding rounds.
Key people at ViSenze - AI for Visual Commerce.
ViSenze - AI for Visual Commerce has raised $34.0M in total across 3 funding rounds.
ViSenze develops an AI search and recommendation platform for visual commerce, focusing on product discovery. The company employs visual artificial intelligence and multimodal AI, combining text and image search, to deliver personalized results and relevant product recommendations. This technology enables shoppers to efficiently find items using visual inputs, enhancing the e-commerce experience for retailers.
ViSenze was co-founded in August 2012 by Chua Tat-Seng, Li Guangda, Oliver Tan, and Roger Yuen, with Oliver Tan as CEO. The founders identified limitations of text-based search in visually-driven retail. Their core insight was to build AI interpreting visual cues, transforming consumer product discovery online.
The platform serves retailers and e-commerce businesses, optimizing product catalogs and personalizing shopping journeys. ViSenze's vision is to empower customers through superior product discovery, driving enhanced conversions and seamless shopping experiences. The company continually expands its multimodal AI capabilities, integrating further data modalities to advance retail technology.
Key people at ViSenze - AI for Visual Commerce.
ViSenze is an AI-powered visual commerce platform that builds advanced visual search, product discovery, and recommendation solutions for e-commerce retailers. It serves major brands like Rakuten, ASOS, H&M, Zalora, Myntra, Meesho, DFS, and EyeBuyDirect, processing over a billion monthly queries to enable in-store and online experiences such as image-based search, automated product tagging, smart recommendations, and merchandising analytics.[1][2][3][5] The platform solves key retail challenges like manual tagging inefficiencies, poor search relevance, and low conversion rates by delivering 99% accurate visual AI that boosts revenue, with reported uplifts in click-through rates (e.g., 20% for some clients) and significant growth momentum—estimated revenues of $10-25 million, $65 million in total funding (including a $10.5 million Series B), and exposure to over 250 million monthly active users across sites.[1][3][4]
Founded in Singapore around 2012-2013 as a software development company focused on pioneering visual search and image recognition, ViSenze emerged from the need to simplify the visual web using proprietary AI technologies combining deep learning, computer vision, and machine learning.[1][3][6] While specific founders are not detailed in available sources, the company quickly gained traction with early adopters in booming e-commerce markets, powering solutions for giants like Rakuten and ASOS; a pivotal moment was its 2017 Series B funding of $10.5 million, which fueled expansion into discovery-driven shopping for visual content sites amid a $1.67 trillion global e-commerce market.[3] This evolution humanizes ViSenze as a retailer-centric innovator, growing from niche visual AI to a scalable platform handling billions of queries for omnichannel retail.[2][5]
ViSenze stands out in visual commerce through these key strengths:
ViSenze rides the explosive growth of visual commerce and AI-driven retail tech, where deep learning transforms image-based shopping—allowing consumers to search via photos rather than text—amid rising omnichannel demands and a shift from content inspiration to direct purchases.[2][3] Timing is ideal post-2020 e-commerce boom, with market forces like trillion-dollar retail scales, Gen Z's visual preferences, and regulations favoring cookie-less personalization working in its favor; it influences the ecosystem by bridging publishers (e.g., social/video) and commerce, monetizing visual assets for brands like SPH Media.[3][5] Recognized in Gartner Hype Cycles, CB Insights Retail Tech 100, and as a top AI vendor, ViSenze accelerates industry adoption of scalable visual AI, enabling retailers to compete in a $1.67 trillion+ market.[1][3]
ViSenze is poised for accelerated expansion by deepening GenAI integrations like smart tagging and multi-search, targeting luxury, fashion, and emerging visual content monetization amid AI retail hype. Trends like LLMs enhancing decade-trained engines, omnichannel AI, and global e-commerce growth (projected to swell further) will shape its path, potentially evolving influence toward full-funnel discovery platforms. As visual AI becomes table stakes for revenue, ViSenze's billion-query scale and retailer trust position it to pioneer the next era of immersive shopping—turning every image into a conversion opportunity, echoing its founding mission to simplify the visual web.[2][3][5][6]
ViSenze - AI for Visual Commerce has raised $34.0M across 3 funding rounds. Most recently, it raised $20.0M ViSenze - Series C in February 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 19, 2019 | $20M Series C | DAN Chong, Eduardo Piedade | 31 Ventures, Enspire Capital, Jonathan Coon, Raffles Venture Partners, Adit Swarup, Singapore Press Holdings, Tembusu ICT Fund I, UOB Venture Management | Announced |
| Sep 15, 2016 | $10.5M Series B | Enspire Capital, Rakuten Ventures, WI Harper Group | John WU, Phillip Private Equity, Raffles Venture Partners, SPH Media Fund, UOB Venture Management | Announced |
| Feb 19, 2014 | $3.5M Series A | Saemin AHN | WAN KUM THO, SOO Ping Yong | Announced |
ViSenze - AI for Visual Commerce has raised $34.0M in total across 3 funding rounds.
ViSenze - AI for Visual Commerce's investors include Dan Chong, Eduardo Piedade, 31 Ventures, Enspire Capital, Jonathan Coon, Raffles Venture Partners, Adit Swarup, Singapore Press Holdings, Tembusu ICT Fund I, UOB Venture Management, Rakuten Ventures, WI Harper Group.