🚀 Nostra AI raises $8.9M in funding
Nostra AI, a New York-based website optimization company, has raised $8.9M in its latest funding round led by High Alpha. Other investors include Signal Peak Ventures, Sugar Capital, Crosscut, and industry expert Matthew Prince, CEO of Cloudflare. The new capital brings Nostra AI's total raised funds to $20M. This comes as the company experiences growing demand from e-commerce giants such as Forever 21 and Jones Road Beauty. The funding will help Nostra AI continue its research and development, focusing on their proprietary Edge Delivery Engine™ to improve website speed and performance.
🛍️ Boosting enterprise e-commerce performance
Nostra AI’s Edge Delivery Engine™ offers a significant impact on key website metrics, like conversion rates and page load speed. According to CEO Arthur Root, the tool can speed up websites and reduce load times, which has shown to improve revenue by over 10%. Enterprise customers like Forever 21 and rapidly growing e-commerce brands like Jones Road Beauty and BRUNT Workwear have seen immediate performance boosts, including a faster return on ad spend. Nostra AI aims to scale these successes by integrating with Shopify and Salesforce, two leading platforms in the e-commerce industry.
💡 Technology driving customer satisfaction
The Edge Delivery Engine™ optimizes web content by analyzing elements like shopping carts and caching specific parts, leading to reduced page load times. Additionally, Nostra AI’s Crawler Optimization improves how bots interact with websites, which helps improve SEO and online visibility. Cody Ploker, Chief Marketing Officer at Jones Road Beauty, noted, “Nostra AI instantly made our website faster and improved our conversion rate and user experience dramatically.” The company processes over 450 million website visits each month, underscoring its reach and scalability in the e-commerce world.
🌐 Expansion plans and expert endorsements
With this new round of funding, Nostra AI plans to further invest in research and development for its Edge Delivery Engine™ and Crawler Optimization. They are also expanding their reach by integrating their technology into Shopify and Salesforce, popular ecosystems in the e-commerce space. High Alpha Co-Founder Kristian Andersen expressed excitement about the future, stating, “Nostra AI has demonstrated it can deliver incredible results and clear value for e-commerce brands.” With continued industry support, Nostra AI is positioned to be a leader in website performance optimization.
Will Nostra AI revolutionize website speed for e-commerce?
