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Lily AI

Product discovery platform for brands

101-200 employees
  • Retail
  • B2B
  • Artificial Intelligence
  • Fashion
  • eCommerce
444 Castro Street · Suite 916 · Mountain View, CA 94041 · United States

Company mission

To empower retailers and brands by bridging the gap between brand-speak and customer-speak.

Female leader
Top investors

Few candidates hear
back within 2 weeks

-7% employee growth in 12 months

Otta's take

Xav Kearney headshot

Xav Kearney

CTO of Otta

Lily AI is a product discovery platform that utilizes purpose-built AI for retail. It helps retailers to gain a deeper understanding of their customers and explores the emotional context behind retail purchases.

Lily AI recognizes the importance of emotions in buying decisions, particularly how shoppers consider whether or not an item of clothing will suit their body shape. For example, Lily AI can recognize if a woman exclusively purchases midi length, A-line dresses, and will combine AI and emotional intelligence to determine how that shopper perceives their body shape. The AI technology will then recommend similar items and tailor search results to the individual.

The company argues that its competitors treat retail as a numbers game, and simply use AI to drive sales. Lily AI differentiates itself by putting emotional context into the situation, creating specially curated shopping experiences for consumers of its clients, which include enterprises such as Bloomingdale's, The Gap, and thredUP. Funds raised by the company will enable further expansion into mid-market retail eCommerce brands across home, beauty, and fashion.

Benefits

  • Comprehensive health and benefits package
  • Diverse, Inclusive and Socially Responsible
  • Flexible working arrangements
  • Paid vacation time and company holidays
  • Wellness Program
  • Remote Team Building

Company values

  • Empathize with the customer
  • Dream big, then make it happen
  • Be scrappy
  • Challenge with care
  • Roll up your sleeves & get stuff done
  • Keep it simple
  • Be a product owner
  • Raise the bar
  • Be right a lot
  • Deep dive and be curious, and fail fast

Funding (last 2 of 5 rounds)

Mar 2024

$20m

SERIES B

Dec 2023

$12.4m

EARLY VC

$71.9m

Total funding

This company has top investors

Founders

Tory Burch Fellow at the Tory Burch foundation. Founder of the Venture Creation Program at Yale and former project manager at UNICEF. MBA in Finance at the Indian School of Business.

Former Senior Software Engineer at Box. Previously Mobile Engineer at Pocket Gems and a Software Developer at Yahoo. Former Software Design Engineer at Texas Instruments. Masters in Electrical and Computer Engineering at the University of Texas at Austin.