Article may be outdated

This article is 45 days old. Some details may have changed since publication.

TechCrunch·3 min read·medium

AEO startup Profound hits unicorn valuation, raises $180M Series D 7 months after last round

D
Dominic-Madori Davis
AEO startup Profound hits unicorn valuation, raises $180M Series D 7 months after last round
✦AI Summary

Marketing startup Profound has raised $180 million in a Series D funding round, reaching a $1.8 billion valuation just seven months after its previous round. The company specializes in 'Answer Engine Optimization,' helping brands improve their visibility in AI-driven search results.

Why it matters

The rapid valuation growth reflects the increasing importance of AI search optimization for businesses as consumer search habits shift toward generative AI.

✦Dive DeeperCreate a free account to unlock

Profound , which builds marketing software to help brands appear in AI search results, on Tuesday said it has raised a $180 million Series D at a $1.8 billion valuation, less than seven months after it raised a $96 million Series C.

Sequoia and Kleiner Perkins led the round, and existing investors, including Lightspeed Venture Partners, Khosla Ventures and South Park Commons, also participated.

Launched two years ago, Profound started as an analytics platform, and has since expanded to help companies research and create marketing strategies. The startup helps businesses understand how AI helps consumers discover their brands.

It’s part of a wave of startups in the GEO/AEO space (generative engine optimization and answer engine optimization, respectively), where companies try to find ways to surface their products in the AI systems customers are increasingly using for search.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesstechnologyai
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in