Seed funding for chatbot eCommerce platform

Masha.ai enables people to discover and shop from inside their chat app. Chat-apps are used more than anything else online. 1,5 Billion people send 60 Billion messages a day via a chat app. At the same time, eCommerce is growing 16x faster than traditional retail. Frederik Van Lierde, Founder and CEO of Masha.ai, explains: “we see that users don't want more apps to shop, they want one app with access to all the products of their favourite brands. This is what Masha.ai offers. One place where shoppers can discover and buy their favourite brands, a solution for brands to place their products and services in front of the shoppers at the right moment at the right time.

The Swiss start-up has already signed more than 750 international brands. 8 million products are available. "With the support of our brands, our existing and new strategic investors, we are accelerating the development of our product and the adoption of AI and Chatbot technology for e-Commerce, an industry that will keep growing in number of users - 2.95 billion by 2020 - and turnover - 725 billion -" said Frederik Van Lierde. "This is a great opportunity to push the personalized eCommerce experience for both brands and shoppers."

“2020 is going to be an incredibly important year for eCommerce”, said Veenay Shah, Director at Niyama Holdings. "After years of experimentation and development, the market and shoppers expects a personalized connection with their favourite brands. Masha.ai is one of the companies that has a working product and has shown they can sign brands at a high level — that is one of the reasons why we are excited to invest."

Masha.ai is a product of Push.ai LLC, based in Zug, Switzerland. Masha.ai was a finalist at the Fashion Innovation Week 2019 and is a member of the NetComm Suisse organisation.

(Press release)