“Speed and capital efficiency are paramount to growing a successful company today. Mutiny has been a great partner for Notion as we continue to grow globally.” “After seeing Mutiny increase our conversion rate from paid ads by up to 60%, we quickly expanded Mutiny to the rest of our website. Mutiny has helped us scale our online spend by letting our team quickly build better web experiences without requiring engineers,” said Olivia Nottebohm, Chief Revenue Officer at Notion. “At Notion, we are doubling down on online acquisition channels as we rapidly grow. Mutiny’s AI learns from this activity to understand what works for different audiences and makes impactful changes for its customers. In fact, fifty million people have seen a website personalized by Mutiny. Some of the world’s fastest growing companies such as Notion, Snowflake, Qualtrics, Dropbox, Carta, and Brex use Mutiny to convert their visitors into customers. “We’re thrilled to welcome our new investors, whose funding will enable us to accelerate our roadmap and invest heavily in technology that we believe can help every company grow revenue faster.” “Growing revenue from digital channels has quickly become a board-level concern for private and public companies,” said Jaleh Rezaei, CEO and co-founder of Mutiny. Mutiny automates a company’s growth engineering efforts, so that every company can turn their marketing spend into revenue - without hiring engineers or data scientists. Mutiny solves this problem with a no-code platform that plugs into the company’s existing data and website, and uses AI to serve thousands of different versions of the site to different users. Few companies can afford this luxury.Īlso Read: How Integrating CRM and ERP Can Benefit Businesses They hire massive engineering and data science teams to manually optimize the buyer experience and use the company’s wealth of data to speak directly to each buyer and convert them. Large tech companies try to fix this poor performance using two expensive resources: people and data. The round also includes current and former CMOs from world-class companies like Uber, Visa, Salesforce, Square, Figma, Condé Nast, Carta, Snowflake, and Atlassian, who see in Mutiny a new and massive opportunity to change the way companies grow revenue.Ĭompanies spend billions of dollars to acquire customers online, yet $19 out of every $20 they spend is wasted. NEW YORK (Reuters) - Goldman Sachs Group Inc, China’s Ping An Global Voyager Fund and others have invested $72.5 million in H20.ai, a rapidly growing artificial intelligence startup, the companies said on Tuesday.įounded in 2012, California-based H20.ai is a software company that aims to make it easier for companies that lack the skilled workforce or time to adapt to the rapidly changing artificial intelligence landscape, Chief Executive and founder Sri Ambati said in an interview.Ĭustomers like Capital One Financial Corp, Wells Fargo & Co, Aetna and can use H20’s platform to automate model building, feature engineering and to pull valuable insights out of large amounts of the companies’ proprietary data, Ambati said.Mutiny today announced a $50 million Series B funding round co-led by Tiger Global and Insight Partners with participation from prior investors Sequoia Capital, Cowboy Ventures, and Uncork Capital. Goldman Sachs Group Inc said on Tuesday quarterly profit doubled, beating Wall Street estimates, boosted by returns from investing the bank's own money. FILE PHOTO: A trader works inside the Goldman Sachs stall on the floor at the New York Stock Exchange July 16, 2013.
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