Constructor is excited to announce that we have raised a Series B round led by Sapphire Ventures, tripling our valuation to $550M! The $25 million investment will drive product innovation and international expansion, helping ecommerce companies further personalize product discovery experiences that delight customers. We're thrilled to continue bringing industry-leading, AI-native solutions to ecommerce enterprises worldwide. Discover more in the press release: https://bit.ly/4b0Fabi. #Ecommerce #AI #Innovation #Growth #ConstructorAI
Constructor
Software Development
SAN FRANCISCO, CA 43,452 followers
Ecommerce product search and discovery that increases revenue, conversions, and profit.
About us
Constructor is the only AI product discovery platform designed explicitly for ecommerce retailers. Unlike other product search and discovery platforms, machine learning is in Constructor's DNA, bringing dynamic personalization to the customer experience. Constructor's cloud-based solutions use natural language processing, machine learning, collaborative personalization, and GenerativeAI to deliver powerful user experiences across all facets of product discovery—from search to browsing, recommendations, collections, merchant intelligence, quizzes, attribute enrichment, and AI shopping assistant. We optimize revenue before relevance. This has allowed us to generate consistent $10M+ lifts for our customers, which include some of the biggest brands in retail, like Sephora, Petco, Bonobos, Serena & Lily, Target Australia, Birkenstock, The Very Group, and more. Constructor is a U.S.-based company founded in 2015 by Eli Finkelshteyn and Dan McCormick. Constructor was recently named Wave Strong Performer by Forrester in late 2023, a MACH Certified ISV, and Leader (for Enterprise, Mid-Market, and Americas), Best Support, Easiest To Do Business With, Easiest to Use, and Momentum Leader from G2's Winter Badge release.
- Website
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https://constructor.io
External link for Constructor
- Industry
- Software Development
- Company size
- 201-500 employees
- Headquarters
- SAN FRANCISCO, CA
- Type
- Privately Held
- Founded
- 2015
- Specialties
- Search, E-commerce, Product Discovery, Personalization, SaaS, Recommendations, Guided Selling, and Customer Experience
Products
Constructor
Enterprise Search Software
Search and product discovery, optimized for ecommerce KPIs. The Product Discovery Platform that drives attractive product discovery moments in every channel across the entire shopper journey—from Search and Browse to Recommendations and Guided Selling. Built on the latest AI/ML search technology, Constructor's Native Commerce Core learns from every customer interaction, optimizes against your priority ecommerce metrics, and empowers merchandising teams with controls and insights to drive unparalleled business outcomes. The secret sauce? Where other solutions start with open-source keyword matching engines and bolt AI on top, we are the only product discovery solution with a proprietary, native core that is specifically built for ecommerce. Constructor’s advanced algorithms, transformers and large language models all work together to deliver real-time, personalized experiences that decode complex patterns and understand user intent.
Locations
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Primary
268 BUSH ST, #4450
SAN FRANCISCO, CA 94104-3503, US
Employees at Constructor
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Markus Kujala
Solutions Architect, EMEA | E-commerce Search & Discovery Specialist | Presales Engineer, ML & AI Expert
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Carter Perez
Investor, Coach, Fractional Go to Market leader and International Speaker with a passion for scaling companies and growing revenue.
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Linus Liang
Partner at Kyber Knight Capital
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Dan McCormick
Founder and CISO at Constructor.io
Updates
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Exciting news! Constructor is heading to Australia's largest ecommerce conference, Online Retailer! Join us at #OnlineRetailer 2024 at Stand B142 to explore the latest in ecommerce innovation, tech solutions, and industry-leading content. Don't miss out on this incredible opportunity to elevate your ecommerce experience. See you there! #eCommerce #Innovation #Tech
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Constructor Co-Founder and CEO Eli Finkelshteyn recently sat down with MarTech Series to share more on our recent funding and the latest #GenAI developments. Read the feature here: https://bit.ly/4cAHx6e.
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We're still riding the wave of our exciting Series B Funding announcement, proudly showcased on the iconic Nasdaq sign in NYC! Discover how we tripled our valuation and dive into Eli Finkelshteyn's vision for revolutionizing ecommerce search and discovery with #AI. Learn more here: https://bit.ly/3zwtyzG. #Funding #SeriesB #eCommerce
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Imagine a world where your customers send their entire shopping list to your website, and everything they need is ready to buy, perfectly tailored to their preferences. Thanks to #generativeAI, this future is closer than you think. In this latest article, Constructor CEO Eli Finkelshteyn explores how #GenAI is set to transform grocery retail from personalized shopping experiences to more competent inventory management. Check out Eli's insights and tips on embracing AI for a brighter future here: https://bit.ly/3WfAmdT. #AI #Ecommerce #RetailInnovation
Finding the Recipe for GenAI Success in Grocery E-Commerce
progressivegrocer.com
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This is one of the nicest compliments we've ever received from an amazing customer. Could you say this about your search and product discovery vendor? If not, let's chat: https://bit.ly/3xQU9XG. #productdiscovery #ecommercetools #AI
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Constructor's Co-Founder and CEO, Eli Finkelshteyn Finkelshetyn, had the opportunity to sit down with Greg Kihlstrom on The Agile Brand™ with Greg Kihlström to discuss our new AI Shopping Assistant (ASA) tool. Check out the 10-minute video in the post below! 👇
🛒 Want more than simple product recommendations when #onlineshopping? 🛍 How about a personalized shopping assistant, powered by #generativeAI that can simplify finding the perfect product to fit your needs, even when you're not sure what you're looking for? Welcome to One Amazing About Constructor. Today, host Greg Kihlstrom talks with Eli Finkelshteyn, CEO of Constructor, to the show, and he will be sharing one amazing thing about Constructor’s #AI Shopping Assistant with us. ➡ If you work in #ecommerce, share this episode with your network and make sure they see the latest developments.
One Amazing Thing About Constructor with Eli Finkelshteyn
The Agile Brand™ with Greg Kihlström on LinkedIn
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AI's impact on ecommerce is in its early stages but is set to become increasingly influential in the years ahead. We sat with CEO and Co-founder Eli Finkelshteyn to discuss how AI will revolutionize retail from automating tedious tasks to enabling new, personalized shopping experiences. Read Eli's insights and advice for ecommerce leaders in our latest blog post here: https://bit.ly/3ROlyjJ. #AIinEcommerce #AI #ProductDiscovery
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Introducing The Visual Guide to a Composable Tech Stack, featuring Contentstack, Alokai (previously Vue Storefront), commercetools, Akeneo: The Product Experience Company! Whether you’re just getting started with a move to Composable Commerce and want to discover best practices, you're looking for better ways to fully integrate your existing ecommerce tech stack, or you want to learn more about the benefits of Constructor’s partner integrations, this guide is for you. Download the infographic here: https://bit.ly/4crlJd9. #TechStack #Partners #Ecommerce
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A few years ago, we introduced an optimization that resulted in a significant reduction in search response latency for our customers: · p50 (median latency) decreased from 100ms to 40ms (2.5x) · p95 decreased from 200ms to 100ms (2x) Interestingly, we found that this optimization affected our customers' add-to-cart rates as well. Can you guess what the impact was?
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