Upsy Company
Upsy is an AI powered shopping helper that brings the human touch to e-commerce.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | €1.2m | Seed | |
| Total Funding | 000k | ||
| EUR | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| % profit margin | (119 %) | (95 %) |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
Related Content
UpsyShopping.com is an innovative startup that leverages artificial intelligence (AI) to enhance online shopping experiences. The company primarily serves small and medium-sized businesses (SMBs) looking to improve their e-commerce performance. UpsyShopping.com operates in the competitive e-commerce market, where customer engagement and conversion rates are crucial for success.
The core offering of UpsyShopping.com is an AI-powered shopping assistant designed to increase sales and improve customer satisfaction. This assistant uses advanced algorithms to recommend relevant products to customers, encouraging both upselling (suggesting higher-priced items) and cross-selling (suggesting additional items). By doing so, it helps online stores turn visitors into buyers more effectively.
UpsyShopping.com’s business model is based on providing a software-as-a-service (SaaS) solution. This means they offer their AI shopping assistant as a subscription service to e-commerce businesses. The company makes money through these subscription fees, which can vary based on the size of the client’s business and the features they choose to use.
The AI assistant not only recommends products but also organizes search results based on real user interactions, making it easier for customers to find what they are looking for. It also promotes daily deals and adds sale tags automatically, ensuring customers are aware of ongoing promotions. Additionally, the assistant completes over 1100 customer service tasks per month, significantly reducing the workload for business owners.
Clients of UpsyShopping.com have reported impressive results, including a 54% higher conversion rate, which means more visitors to their websites are making purchases. This is a significant improvement that can lead to increased revenue and growth for these businesses.
In summary, UpsyShopping.com is a game-changer for SMBs in the e-commerce sector, providing an AI-driven solution that enhances customer experience and boosts sales.
Keywords: AI-powered, shopping assistant, e-commerce, upselling, cross-selling, SaaS, conversion rate, customer engagement, SMBs, sales performance.