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SmarterX logo — SmarterX gives retailers and brands the data they need to se...

SmarterX

SmarterX gives retailers and brands the data they need to sell regulated consumer products

Founded 2015 United States Boulder, United States 55 employees Series A Total: $65.10M Information Technology, Supply Chain +1

General Information

Company Name SmarterX
Founded Year 2015
Location United States Boulder, United States
Employees 55
Industries Information Technology, Supply Chain, Sustainability
Funding Stage Series A
Social

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About SmarterX

SmarterX is an AI platform established in 2015 with the mission to provide comprehensive solutions for product decisions. The company's slogan "One AI platform for all your product decisions" highlights its commitment to offering a unified approach to product management. Specializing in Information Technology and Sustainability, SmarterX is headquartered in the United States. In its most recent funding round, the company secured $7.00M in a Series A investment on 01 August 2022 from Regeneration.vc. SmarterX presents a unique value proposition, as it offers the first-ever AI model designed to replace the traditional compliance team. This innovative approach enables businesses to achieve faster and smarter classifications at scale, addressing the challenges associated with the complexities of regulatory compliance. The company acknowledges the increasingly complex regulatory environment, the proliferation of retailers, and the expansion of 3P marketplaces. Through leveraging their advanced AI technology, SmarterX aims to streamline compliance processes and alleviate the burden for businesses. The company's pricing model, set at $1 per product, underscores its commitment to providing cost-effective solutions and rapid classification results, ultimately enabling businesses to operate more efficiently. This recent investment from Regeneration.vc underscores the confidence in SmarterX's potential and its capacity to revolutionize compliance and product management processes. As SmarterX continues to advance its AI capabilities and expand its market presence, it stands poised to make substantial waves in the technology and sustainability sectors, offering innovative solutions to address the evolving needs of modern businesses.

Business keywords: AI Platform, CPG Compliance, Product Classification, 3P Marketplaces, Supply Chain, Environmental Impact, Product Intelligence, PLM System, PIM, ESG

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $7.00M 1
Regeneration.vc
01 Aug 2022
Series A $25.00M 2
RTP Global, G2 Venture Partners
23 Mar 2022
Seed Round $16.70M 1
US Ecology
19 Sep 2019
Seed Round $10.90M 2
RTP Ventures, 415
28 Feb 2019
Seed Round $5.50M -
15 Feb 2018

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FAQ About SmarterX

SmarterX gives retailers and brands the data they need to sell regulated consumer products
SmarterX was founded in 2015.
SmarterX is headquartered in Boulder, United States.
SmarterX operates in Information Technology, Supply Chain and Sustainability. Its work centres on AI Platform, CPG Compliance, Product Classification and 3P Marketplaces.
SmarterX has approximately 55 employees.
SmarterX has completed 5 funding rounds, raising a total of $65.10M. The latest funding stage is Series A.
Top alternatives and competitors to SmarterX include Nexpirit GmbH, GreenPlat, Frontier.cool, Ulula - An EcoVadis Company, PrimaTrade. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SmarterX and Nexpirit GmbH are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for SmarterX, https://bouncewatch.com/company/smarterx, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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