Cooee is an innovative player in the AI and Machine Learning sector, specifically targeting the e-commerce market. Founded in 2020 and headquartered in the United Kingdom, the company sets out to address the staggering statistic that 97% of website visitors do not convert, causing eCommerce conversion rates to plummet.
Their solution? A unique AI-powered technology that interprets real-time micro-behaviors of website visitors to personalize engagements, potentially boosting conversion rates by as much as 5X-10X. This innovative approach allows for personalized dynamic offers without eroding profit margins, catering to both first-time and repeat customers.
Cooee is currently available on the Shopify app store and plans to expand across other marketplaces and native integrations. The company secured a £300.00K Pre Seed Round investment on 27 April 2022, backed by Jenson Funding Partners, demonstrating investor confidence in their disruptive potential within the crowded e-commerce landscape.