Aspectiva

Company Overview

Snapshot

Founded in January 2013 by Ezra Daya, Yoad Arad, and Eyal Hurvitz, Aspectiva operated with 51–200 employees. The company raised $4.2 million across 3 funding rounds from 6 investors before being acquired by Walmart in February 2019.

Business overview

Aspectiva developed artificial intelligence and advanced natural language processing (NLP) technology to enhance the online retail experience. The company's technology analyzed shopper reviews to extract opinions and sentiments about products, transforming unstructured consumer feedback into smart customer experiences. Aspectiva served the e-commerce and online retail sectors, operating within the Business Software sector, specifically focusing on IT, R&D & Data Solutions and Data Analysis & Decision Support.

Strategic signal

Aspectiva's acquisition by Walmart in February 2019 highlights the strategic importance of AI-driven consumer insights for major retailers. This move signaled a growing trend among large corporations to integrate advanced NLP and machine learning capabilities to better understand customer sentiment and improve product recommendations, thereby enhancing the overall online shopping experience and driving conversion optimization.

Company Intelligence Q&A

When was Aspectiva acquired and by whom?

Aspectiva was acquired by Walmart in February 2019.

What was the total capital raised by Aspectiva?

Aspectiva raised a total of $4.2 million across its funding rounds.

Which investors participated in Aspectiva's December 2017 funding round?

In December 2017, Aspectiva received funding from KDDI, Global Brain Corporation, and Reinvent VC.

Which investors participated in Aspectiva's October 2015 funding round?

In October 2015, Aspectiva received funding from LivePerson and JVP.

What is Aspectiva's core technology?

Aspectiva leverages artificial intelligence and advanced natural language processing (NLP) technology to analyze consumer opinions from online product reviews.