About Pinterest
Pinterest is a visual bookmarking tool for saving and discovering creative ideas.
Headquarters
Pinterest, San Francisco
Founded
2010-03-01
Industry
Internet, Social Bookmarking, Social Media, Social Network, Software
Last Funding Type
Post Ipo Equity
Valuation
212
Total Funding
$1.49 billion dollars
IPO Status
Public
Financial
Pinterest experienced significant financial growth, with shares soaring 18% following an earnings beat and strong revenue growth. The company also reported a 150% increase in profit. Additionally, Pinterest announced a new ad deal with Google as it approaches 500 million monthly active users (MAUs). The company's AI-powered collages have shown increased engagement compared to traditional Pins.
Pinterest is focusing on enhancing user experience through advanced content recommendation and search technologies. They are developing systems for generating recommendation campaigns that optimize both short-term and long-term user behavior, as well as intelligent video playback to improve user engagement. Additionally, Pinterest is working on embedding inference and aggregated embeddings for corpus graphs to better understand and predict user preferences. These efforts aim to refine content delivery and personalization, aligning with Pinterest's core mission of helping users discover creative ideas.
Pinterest is focusing on enhancing user experience through advanced content recommendation and search technologies. They are developing systems for generating recommendation campaigns that optimize both short-term and long-term user behavior, as well as intelligent video playback to improve user engagement. Additionally, Pinterest is working on embedding inference and aggregated embeddings for corpus graphs to better understand and predict user preferences. These efforts aim to refine content delivery and personalization, aligning with Pinterest's core mission of helping users discover creative ideas.
Funding Rounds
26
Number of Lead Investors
11
Total Funding Amount
$1.49 billion dollars
Number of Investors
47