Onton raises $7.5M to expand its AIpowered shopping site beyond furniture | TechCrunch

Image for article Onton raises $7.5M to expand its AIpowered shopping site beyond furniture | TechCrunch
News Source : TechCrunch

News Summary

  • Onton, an AI-powered furniture shopping platform, says it has seen its user base grow from 50,000 monthly active users to over 2 million.
  • The startup announced today that it has raised $7.5 million in a new funding round led by Footwork, with participation from Liquid 2, Parable Ventures, and 43.
  • This round brings the startup’s total funding to approximately $10 million.Using this funding, the company wants to expand into new categories such as apparel and then eventually consumer electronics.
Major tech companies arent just using AI to help you generate or summarize content they also want you to use it for shopping. OpenAI, Google, and Amazon have heavily invested in AI assistants that [+3659 chars]

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