What is Bold Metrics?
Founded in 2017 and based in San Francisco, California, Bold Metrics operates as a Software-as-a-Service (SaaS) platform designed to empower retailers and brands. Its core offerings focus on reducing product returns, increasing conversion rates, promoting sustainability, and optimizing supply chain management from inception to delivery. By leveraging advanced data analytics and technology, Bold Metrics aims to provide a comprehensive solution that addresses critical pain points in the modern retail landscape, enabling businesses to operate more efficiently and profitably.
How much funding has Bold Metrics raised?
Bold Metrics has raised a total of $8.1M across 2 funding rounds:
Debt
$124K
Series A
$8M
Debt (2021): $124K with participation from PPP
Series A (2022): $8M led by Valuestream, Lytical Ventures, and Bessemer Venture Partners
Key Investors in Bold Metrics
Valuestream
Valuestream is a digital marketing agency specializing in customized, data-driven marketing solutions and strategy consulting, likely contributing expertise in market penetration and client acquisition for Bold Metrics.
Lytical Ventures
Lytical Ventures is a venture capital firm focused on cybersecurity, data analytics, and enterprise intelligence, suggesting a strategic interest in Bold Metrics' data-driven SaaS capabilities.
Bessemer Venture Partners
Bessemer Venture Partners is a long-standing venture capital firm with a broad investment focus, likely providing strategic guidance and capital to support Bold Metrics' growth and market expansion.
What's next for Bold Metrics?
The recent major strategic investment signals a new phase of expansion and development for Bold Metrics. This capital infusion is expected to fuel further innovation in their SaaS platform, potentially leading to enhanced features for predictive analytics, sustainability tracking, and supply chain visibility. The company is likely to focus on scaling its operations, expanding its market reach to onboard more enterprise-level clients, and solidifying its position as a leader in retail technology. Strategic partnerships and further technological advancements will be key to capitalizing on this significant backing.
See full Bold Metrics company page
