Voila, a Los Angeles, CA- and Beijing, China-based AI-driven social commerce platform, raised $6 million in Series A funding.
The round was led by Sinovation Ventures and joined by Fosun Rz Capital. To date, Voila has raised $7.5 million.
The company intends to use the funds to expand its engineering team as well as its marketing team in Los Angeles.
Company: Visual Chameleon. lnc.
Round: Series A
Funding Month: February 2022
Lead Investors: Sinovation Ventures
Additional Investors: Fosun Rz Capital
Company Website: https://www.voila.love/
Software Category: AI-driven social commerce platform
About the Company: Led by Ke Shang, founder, and CEO, Voila enables creators on social media platforms such as Instagram, TikTok, and YouTube to create a custom storefront populated with products from popular brands and retailers that match the creators’ interests. AI-based systems help automate product selection and updating. The creators share their storefronts using the link-in-bio on the social platforms and collect affiliate revenue for products sold through their storefronts. Voilà has a creator community of 15,000 people and its storefronts currently attract 3.2 million unique visitors each month. The company works with more than 16,000 brands and retailers to make 3+ million products available to creators. It has 40 employees based mainly in Los Angeles and Beijing.