Constructor Raises $25M at $550M Valuation

Constructor has successfully raised $25M in a Series A+ funding round led by Sapphire Ventures, with participation from Silversmith Capital Partners. The company, based in San Francisco, is recognized as an AI-powered product discovery and search platform tailored for enterprise ecommerce.

The new capital will be allocated towards accelerating product development, driving innovation, enhancing ecommerce product discovery, and expanding the company’s international presence.

Constructor specializes in enhancing product discovery for ecommerce businesses, leveraging AI to create personalized shopping experiences. The company has seen impressive growth, doubling its revenue for the third consecutive year and powering over 100 billion shopper interactions in the last six months. The workforce has expanded by 45%, contributing to a 50% increase in the overall customer base, which includes notable brands such as Under Armour, Petco, and Sephora.

Founded in 2015, the company's leadership includes Eli Finkelshteyn as CEO and co-founder, along with co-founder Dan McCormick. They have established Constructor as a premier solution in the ecommerce sector.

Finkelshteyn stated, "We're very proud of this fundraise, but it's important for us to remember that it's only a symptom of doing good work for our customers." This philosophy underscores their approach to maintaining high service standards and continuously enhancing customer experience.

Company	Constructor
Round	Series A+
Amount	$25M
Lead Investor	Sapphire Ventures
Investors	Silversmith Capital Partners
Founders	Eli Finkelshteyn, Dan McCormick
Sectors	Ecommerce