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Zoovu secures $169m in Series C led by FTV Capital

Zoovu, an AI-powered discovery experience platform for B2B and B2C e-commerce, has raised $169 million in a Series C funding roundled by FTV Capital, a sector-focused growth equity investor in enterprise technology and services businesses.

Zoovu will use the new funding to build out its go-to-market strategy and team, particularly in the United States, and strengthen its data-driven product platform to fuel a better e-commerce experience as it continues to empower businesses to help buyers discover products and make purchase decisions.

Bernstein, Alex Malvone, principal at FTV Capital, and Bob Ranaldi, chief revenue advisor at FTV Capital, will join Zoovu’s board of directors as part of the investment.

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