Octup, an operational AI-driven e-commerce insights platform, announced on Tuesday it has secured $4 million in pre-seed funding from Tal Ventures, as well as the founders of unicorn companies Trax and Rapyd. The company consolidates data from various operational domains such as marketing, last-mile delivery, customer support, and warehousing, using AI to detect anomalies and trends to address cost inefficiencies. Octup’s AI-powered discovery platform gathers data across the entire value chain, providing insights that have led to a 40% increase in overall profits for companies utilizing their solution.
Octup Raises $4 Million Pre-Seed for Operational AI-Driven E-Commerce Platform