Mirakl

Valuation $7B

About Mirakl

Mirakl Target2Sell helps leading eCommerce brands personalize their shopping experience with AI-powered product recommendations and sorting.
Headquarters Mirakl, Paris
Founded 2012-01-01
Industry Artificial Intelligence (AI), Big Data, E-Commerce, Internet, Machine Learning, Retail, SaaS, Software
Last Funding Type Series A
Valuation 7
Total Funding $6.41 million dollars
IPO Status Private

Financial

Mirakl Target2Sell may be growing as it has achieved a 20% increase in annual recurring revenue, indicating a solid expansion in its customer base or an increase in the value of existing contracts. Additionally, the company has reported surpassing $1 billion in monthly Gross Merchandise Value (GMV), with sales growing 41% year-over-year during Cyber Week 2023, which suggests a significant rise in transaction volumes and customer engagement on its platform. Furthermore, Mirakl Target2Sell's growth trajectory is underscored by its strategic acquisition of an eCommerce personalization vendor, which is likely to enhance its product offering and market reach.

Funding Rounds 5
Number of Lead Investors 1
Total Funding Amount  $6.41 million dollars
Number of Investors 2

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