LimeSpot

company

About

LimeSpot is an eCommerce conversion data network powered by advanced patented algorithms.

  • Vancouver,British Columbia,Canada
  • 11 - 50

Details

Last Funding Type
Convertable Note
Last Funding Money Raised
$100K
Industries
Analytics,Artificial Intelligence,E-Commerce,Personalization
Founded date
Apr 2, 2013
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
LimeSpot Solutions Inc.

LimeSpot is an eCommerce conversion data network that increases conversions for online merchants. Their service is powered by advanced patented algorithms that dynamically tailor the online shopping experience for each individual. By combining the power of profile (e.g. Social Networks, CRM, loyalty), along with behavioral and trend analysis, LimeSpot showcases highly relevant products to each customer in order to turn more shoppers into buyers. Their technology has proven to significantly increase the basket size, conversions, and ultimately store revenue on all sales channels. They are currently serving over 8 thousand merchants, training their system with over $2 billion annual GMV.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
$1.61M
LimeSpot has raised a total of $1.61M in funding over 2 rounds. Their latest funding was raised on Dec 1, 2020 from a Funding Round round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 1, 2020 Funding Round 1 Detail
Oct 1, 2017 Convertable Note $415K Detail
Oct 1, 2016 Convertable Note $110K Detail
Jul 1, 2015 Convertable Note $265K Detail
Apr 1, 2015 Convertable Note $100K 3 Detail

Investors

Number of Lead Investors
Number of Investors
4
LimeSpot is funded by 4 investors. Precursor Ventures and AperiamVentures (formerly MathCapital) are the most recent investors.
Investor Name Lead Investor Funding Round
Precursor Ventures Funding Round
AperiamVentures (formerly MathCapital) Convertable Note
Plug and Play Convertable Note
Simon Property Group Convertable Note

Employee Profiles

Number of Employee Profiles
7
LimeSpot has 7 current employee profiles, including Advisor Jean-Francois Gauthier
Advisor
Executive
Executive
Executive