Algorithmic commerce platform Feedvisor gets $20 million from General Catalyst
Algorithmic commerce startup Feedvisor is growing quickly, now managing more than $2 billion in goods sold through marketplaces like Amazon and eBay. To fuel that growth, the company has raised an additional $20 million in Series B funding led by General Catalyst.
The Feedvisor platform uses machine learning to track different market dynamics and optimize the amount of money sellers can make with its dynamic pricing algorithm. At the same time, it also ensures that sellers optimally replenish their inventory.