Wizard Commerce
Powers commerce through conversation by enabling brands to sell, market, and engage their customers—all via text.
| Date | Investors | Amount | Round |
|---|---|---|---|
$50.0m | Series A | ||
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Wizard.com is a startup that leverages artificial intelligence (AI) to provide a unique SMS solution for businesses. The company's primary offering is a platform that allows customers to browse, discover, and pay for products or services through a single text conversation. This innovative approach simplifies the purchasing process, creating a more efficient and enjoyable customer experience.
The company's target market includes businesses looking to enhance their customer engagement and loyalty. Wizard.com's clients range from e-commerce companies to beauty brands and pet product providers. The company's business model is centered around partnering with these businesses to help them build stronger relationships with their customers, not just transactions.
Wizard.com's revenue is likely generated through a subscription or service fee charged to businesses for using their platform. The company's AI-powered platform offers personalized interactions, timely reorder prompts, and live support from brand experts. This not only drives repeat purchases but also increases customer retention, a critical factor for any business's financial health.
The company's AI technology learns from customer conversations, allowing it to deliver hyper-personalized interactions at scale. This is a significant upgrade from traditional segmentation methods, which rely solely on preferences and purchase history, resulting in less personalized messages.
In conclusion, Wizard.com is an AI-powered SMS solution provider that helps businesses enhance their customer engagement and loyalty. The company operates in a market with significant growth potential, given the increasing importance of personalized customer experiences in today's digital age.
Keywords: AI-powered SMS solution, customer engagement, customer loyalty, personalized interactions, e-commerce, customer retention, one-text transactions, real-time interactions, customer-driven text, white glove service.