Today, I’m excited to announce that we’ve raised $100 million in Series B funding, led by investor Insight Partners, with participation from existing investor US Venture Partners. This round brings our total funding to $130 million in a very short period of time.
We are now the leading player in the e-Merchandising category. Today, we help many of the largest global online retailers build better commerce experiences by replacing traditional photography with photorealistic computer-generated 3D imagery, which is more powerful and can be produced quickly and for a fraction of the cost of photography. With this latest round, we have now raised more money than any other player in the industry. We are grateful for the trust that our customers put in us each and every day, and we are also grateful for the trust investors like Insight Partners and USVP have put in us and our growth trajectory.
The funding will be used for further R&D efforts to build the nfinite SaaS-based visual e-merchandising platform. It will also help expand the nfinite 3D marketplace, which comprises the world’s most extensive community of 3D talent and tools dedicated to e-commerce. Finally, it will be used to expand our global customer, engineering, and go-to-market organizations.
If you’re interested in coming on this journey with us, I encourage you to look at the open positions on our careers page and apply.
Mission impossible without our amazing employees
nfinite has come a long way since our humble beginnings in 2017 rendering housing units for real estate operators.
I’m especially proud of our employees, who have worked extremely hard to create a never-seen-before solution for e-commerce, empowering brands and retailers to enhance their engagement with consumers and drive conversions and sales, through creative visuals.
Once a Europe-centric company, we have rapidly expanded our global footprint, setting up our operations in the US and Asia and onboarding incredible team members around the world. They all share the same excitement and passion for revolutionizing the world of retail and e-commerce.
We wanted to make sure that our globally distributed workforce was able to build relationships, foster collaboration, and pursue common objectives. So in May of this year, we brought global team members from around the world together to the South of France to recognize their past efforts and focus the team on our strategy for future growth.
I also want to show my appreciation for the members of our global community of 3D modelers who work tirelessly to bring our customers’ products to life. We have created the world’s largest community of 3D modelers and designers, which enables us to scale our offerings and meet growing customer demands. I believe this network of highly skilled professionals will become the gold standard of 3D and CGI imaging for e-commerce.
The best is yet to come
This new round of funding has given all of us more confidence in the direction we have set forth. We aim to accelerate growth through the acquisition of more talent to join our team, and the continuous investment in R&D to make sure we stay ahead of the game.