Confido raises $55M Series B to expand AI software for consumer brands
Built In reports that Insight Partners led the round, bringing Confido’s total funding to $77 million. The company plans to accelerate product development, expand in food service and hire across product, engineering and go-to-market teams.
TLDR
Confido raised a $55 million Series B led by Insight Partners, AlleyWatch reports. Its platform combines finance, accounting, sales and operations for consumer packaged goods brands. CEO Justin Hunter told the outlet that more than 250 brands use the system, with over $30 billion in retail sales planning flowing through it. He said Confido plans to expand its AI capabilities and launch more automated back-office workflows.
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Confido raises $55M Series B to expand AI software for consumer brands
Built In reports that Insight Partners led the round, bringing Confido’s total funding to $77 million. The company plans to accelerate product development, expand in food service and hire across product, engineering and go-to-market teams.
TLDR
Confido raised a $55 million Series B led by Insight Partners, AlleyWatch reports. Its platform combines finance, accounting, sales and operations for consumer packaged goods brands. CEO Justin Hunter told the outlet that more than 250 brands use the system, with over $30 billion in retail sales planning flowing through it. He said Confido plans to expand its AI capabilities and launch more automated back-office workflows.