Vantage Discovery Raises $16M Series A

Vantage Discovery, an Austin, TX-based AI-powered search and content discovery platform for ecommerce, raised $16M in Series A funding.

The round was led by Lobby Capital with participation from The Hive, Future Positive, Common Metal, as well as Jony Ive, Evan Sharp, and Biz Stone.

The company intends to use the funds to expand operations and its development efforts.

Co-founded by CEO Lance Riedel and and COO Nigel Daley, Vantage Discovery is a generative AI-powered SaaS platform that enables intelligent search, discovery, and personalized recommendations for retailers, publishers, brands, and more. The Vantage API enables apps to transform from keyword-based to semantic search where a user’s meaning, intent and context are understood.