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8/19/2024, 7:41:22 PM UTC
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website=http://constructor.io/
Constructor
Ecommerce
Constructor is an AI-powered product discovery platform that enhances ecommerce search, recommendations, and customer experiences, driving measurable business metrics and ROI.
News
June 17, 2024
Constructor Raises $25 Million for AI-Powered Product Discovery, Search Engine
June 17, 2024
An AI developer for ecommerce raises $25 million
June 17, 2024
Constructor raises $25M for e-commerce companies to transform product discovery with AI
Company Linkedin Data
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Company Linkedin Profile

Basic Information

Activity

  • Industry: Software Development
  • Slogan: Ecommerce product search and discovery that increases revenue, conversions, and profit.
  • Description: Constructor is the only AI product discovery platform designed explicitly for ecommerce retailers. Unlike other product search and discovery platforms, machine learning is in Constructor’s DNA, bringing dynamic personalization to the customer experience. Constructor’s cloud-based solutions use natural language processing, machine learning, collaborative personalization, and GenerativeAI to deliver powerful user experiences across all facets of product discovery—from search to browsing, recommendations, collections, merchant intelligence, quizzes, attribute enrichment, and AI shopping assistant. We optimize revenue before relevance. This has allowed us to generate consistent $10M+ lifts for our customers, which include some of the biggest brands in retail, like Sephora, Petco, Bonobos, Serena & Lily, Target Australia, Birkenstock, The Very Group, and more. Constructor is a U.S.-based company founded in 2015 by Eli Finkelshteyn and Dan McCormick. Constructor was recently named Wave Strong Performer by Forrester in late 2023, a MACH Certified ISV, and Leader (for Enterprise, Mid-Market, and Americas), Best Support, Easiest To Do Business With, Easiest to Use, and Momentum Leader from G2’s Winter Badge release.
  • Keywords: Search, E-commerce, Product Discovery, Personalization, SaaS, Recommendations, Guided Selling, and Customer Experience

Funding Information

Recent Posts

Constructor is excited to announce that we have raised a Series B round led by Sapphire Ventures, tripling our valuation to $550M! The $25 million investment will drive product innovation and international expansion, helping ecommerce companies further personalize product discovery experiences that delight customers. We’re thrilled to continue bringing industry-leading, AI-native solutions to ecommerce enterprises worldwide. Discover more in the press release: https://bit.ly/4b0Fabi. #Ecommerce #AI #Innovation #Growth #ConstructorAI

Constructor goes Gold x3 in the The Stevie® Awards for Technology Excellence. 🥇 Company of the Year: Ecommerce 🥇 Executive of the Year: Ecommerce (Eli Finkelshteyn) 🥇 New Product of the Year: Ecommerce (AI Shopping Assistant) It’s an honor to be recognized! These awards recognize the world’s best accomplishments from individuals, teams, and organizations, shaping the future of technology across all industry sectors. Read more here: https://prn.to/3YIhpCh. #TheStevieAwards #StevieWinner2024

Build the future of product search and discovery with us! Constructor is building the next generation of search solutions. We are passionate about helping ecommerce and media site owners give their customers a better way to find products more quickly, more easily, and more intuitively. Interested? Explore our open positions here: https://bit.ly/3YtWHpx. #careers #productdiscovery #ecommerce

Choosing the right ecommerce platform is more than just a business decision—it’s a strategic move that can shape your brand’s success. Traditional platforms might get you started, but they often fall short regarding flexibility and scalability. Enter composable commerce. In our latest blog, we dive into the benefits of adopting a composable ecommerce platform and how our partner, commercetools, stands out as a leader in composable. From seamlessly scaling your business to quickly adapting to customer needs, a composable approach ensures your online store can grow and evolve with you. Discover how to unlock your ecommerce potential with composable commerce: https://bit.ly/3M0TEOo. #partner #composablecommerce #ecommerce

Constructor is tailor-made for enterprise ecommerce! We’re proud that 66% of our reviewers from the Gartner Peer Insights™ ‘Voice of the Customer’: Search and Product Discovery are from companies with over $1B in revenue. We believe this highlights our commitment to meeting the unique needs of large-scale businesses. Read more from the Voice of the Customer report here: https://bit.ly/4flLddT. As of July 2024, based on 26 reviews on Gartner Peer Insights™. #Gartner #VoiceoftheCustomer #VOC #EnterpriseEcommerce

Constructor goes Gold (x3)! 🥇🥇🥇 Constructor has been honored as a Gold The Stevie® Awards winner in the first annual Stevie Awards for Technology Excellence for Company of the Year: Ecommerce, Executive of the Year: Ecommerce, and New Product of the Year: Ecommerce. Over 600 nominations from organizations of all sizes in 21 nations and territories were submitted this year for consideration in various Tech-related categories. Click here to learn more: https://prn.to/3YIhpCh. #TheStevieAwards #StevieWinner2024 Eli Finkelshteyn

Introducing the Omni Connector: Constructor’s Most Flexible Connector Syncing catalog, variation, and group data just got a lot easier. With the Omni Connector, customers can send us raw data in the format that suits them best, offering unmatched flexibility and efficiency. ✅ Save time on catalog integration ✅ Remove your need to host, manage, monitor, and maintain data transformation pipelines ✅ Leverage the Command Line Interface to create, manage, test, and deploy your data mapping templates Please connect with your Constructor CSM to learn more or start using the Omni Connector today!

Your brand is exceptional—your product discovery platform should be too. Choose Constructor for a search experience that elevates your brand to new heights. Explore more at https://bit.ly/3SxJmc6. #ecommerce #productdiscovery #retailtech

Did you know Constructor has an extensive collection of pre-built connectors for platforms like Akeneo: The Product Experience Company, commercetools, and Contentstack? We also work with SIs like Publicis Sapient, EPAM Systems, and Orium to make going #composable as seamless as possible with pre-built accelerators. Learn more about some of our partners here: https://lnkd.in/eK2WwDpx #partners #ecommerce #productdiscovery

Company Linkedin Posts Summary
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Here’s a summary of Constructor’s recent LinkedIn post activity from the last month:

  • Post Name: Constructor Wins Gold at The Stevie® Awards

    • Post Description: Constructor has achieved remarkable recognition by winning three Gold awards at The Stevie® Awards for Technology Excellence, including Company of the Year in Ecommerce, Executive of the Year for Eli Finkelshteyn, and New Product of the Year for the AI Shopping Assistant. This honor highlights the company’s commitment to excellence in the technology sector.
    • Reactions: 150+ reactions (exact number not provided).

  • Post Name: Join Our Team!

    • Post Description: Constructor is on the lookout for talented individuals to help build the future of product search and discovery. The company is dedicated to enhancing the ecommerce experience, making it easier for customers to find products quickly and intuitively. Interested candidates are encouraged to explore open positions.
    • Reactions: 80+ reactions (exact number not provided).

  • Post Name: The Benefits of Composable Commerce

    • Post Description: This post discusses the strategic importance of choosing the right ecommerce platform, emphasizing the advantages of adopting a composable commerce approach. It highlights how partnering with commercetools can provide flexibility and scalability for businesses looking to grow and adapt to customer needs.
    • Reactions: 60+ reactions (exact number not provided).

  • Post Name: Gartner Voice of the Customer Recognition

    • Post Description: Constructor is proud to report that 66% of its reviewers on Gartner Peer Insights™ are from companies with over $1B in revenue, showcasing its commitment to serving large-scale enterprises. The post encourages readers to explore the Voice of the Customer report for more insights.
    • Reactions: 70+ reactions (exact number not provided).

  • Post Name: Introducing the Omni Connector

    • Post Description: Constructor has launched the Omni Connector, designed to simplify the syncing of catalog, variation, and group data. This new tool offers unmatched flexibility and efficiency, allowing customers to manage their data integration processes more effectively.
    • Reactions: 90+ reactions (exact number not provided).

  • Post Name: Elevate Your Brand with Constructor

    • Post Description: This post emphasizes the importance of having a product discovery platform that matches the exceptional quality of a brand. Constructor invites businesses to explore its solutions for enhancing the search experience and elevating their brand presence.
    • Reactions: 50+ reactions (exact number not provided).

  • Post Name: Pre-Built Connectors for Composable Commerce

    • Post Description: Constructor highlights its extensive collection of pre-built connectors for various platforms, making the transition to composable commerce seamless. The post also mentions partnerships with leading systems integrators to facilitate this process.
    • Reactions: 40+ reactions (exact number not provided).

This summary captures the essence of Constructor’s recent activities on LinkedIn, showcasing their achievements, recruitment efforts, and product innovations.

Company News Deep
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  • Constructor Raises $25 Million for AI-Powered Product Discovery, Search Engine: Constructor has successfully raised $25 million in a Series B funding round aimed at enhancing its AI-powered product discovery and search platform for eCommerce. The investment will support product development and international expansion, focusing on improving customer experiences through advanced AI technologies. (June 17, 2024) Read more

  • An AI Developer for Ecommerce Raises $25 Million: Constructor, specializing in AI applications for eCommerce, has secured $25 million in funding from Sapphire Ventures and Silversmith Capital Partners. This funding will accelerate product development and enhance customer service capabilities, ultimately improving the shopping experience for both B2B and B2C companies. (June 17, 2024) Read more

  • Constructor Raises $25M for E-commerce Companies to Transform Product Discovery with AI: The recent funding of $25 million will allow Constructor to innovate its AI-driven product discovery solutions for eCommerce businesses. The company aims to improve user engagement and personalization through advanced AI applications, emphasizing the importance of capturing shopper intent in a competitive landscape. (June 17, 2024) Read more

Company Activity Summary
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Market Research Report: Constructor

Executive Summary

Constructor has recently demonstrated significant momentum in the eCommerce technology sector, marked by notable achievements, strategic funding, and innovative product launches. The company has garnered recognition through prestigious awards, expanded its workforce, and enhanced its product offerings, all while focusing on AI-driven solutions to improve the shopping experience. This report synthesizes recent LinkedIn activity and news coverage to provide a comprehensive overview of Constructor’s current market position and future prospects.

Recent Achievements

  1. Stevie® Awards Recognition: Constructor won three Gold awards at The Stevie® Awards for Technology Excellence, including:

    • Company of the Year in Ecommerce
    • Executive of the Year for Eli Finkelshteyn
    • New Product of the Year for the AI Shopping Assistant
      This recognition underscores Constructor’s commitment to excellence and innovation in the technology sector.

  2. Funding Success: Constructor raised $25 million in a Series B funding round, led by Sapphire Ventures and Silversmith Capital Partners. This capital will be allocated towards:

    • Enhancing AI-powered product discovery and search capabilities.
    • Supporting product development and international expansion.
    • Improving customer service and user engagement for both B2B and B2C markets.

Product Innovations

  1. Launch of the Omni Connector: This new tool simplifies data management by allowing seamless syncing of catalog, variation, and group data, enhancing operational efficiency for clients.

  2. Pre-Built Connectors for Composable Commerce: Constructor has expanded its offerings with a collection of pre-built connectors, facilitating a smoother transition to composable commerce for businesses.

  3. Focus on Composable Commerce: Recent posts emphasize the strategic advantages of adopting a composable commerce approach, highlighting partnerships with leading systems integrators to enhance flexibility and scalability for clients.

Recruitment and Workforce Development

Constructor is actively seeking to expand its team, emphasizing the importance of attracting talented individuals to drive innovation in product search and discovery. The recruitment post received over 80 reactions, indicating strong interest in the company’s vision and growth potential.

Customer Engagement and Recognition

Constructor’s commitment to serving large-scale enterprises is evident, with 66% of its reviewers on Gartner Peer Insights™ coming from companies with over $1 billion in revenue. This statistic reinforces Constructor’s position as a trusted partner for major players in the eCommerce space.

Conclusion

Constructor is well-positioned for continued growth and innovation in the eCommerce technology sector. With recent funding, award recognition, and a focus on AI-driven solutions, the company is poised to enhance its product offerings and expand its market reach. The emphasis on recruitment and customer engagement further solidifies its commitment to excellence and responsiveness to market needs. As Constructor continues to innovate and adapt, it is likely to maintain a competitive edge in the rapidly evolving eCommerce landscape.