COMPANY PROFILE

AdeptMind

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An artificial intelligence technology that revolutionizes customer search for ecommerce retail

Toronto, CanadaFounded 2016Marketing

Valuation $0–100M Latest valuation · 2021

Revenue $1–10M Latest reported FY

Headcount 100–500 Current team size

Total funding $10–50M Disclosed equity funding

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About AdeptMind

Adeptmind.ai is a technology company specializing in artificial intelligence (AI) and machine learning solutions tailored for the retail industry. The company focuses on improving search and discovery functionalities for online brand retailers, addressing challenges related to search engine optimization (SEO) and customer engagement. Adeptmind's core product is an AI-powered search engine that learns from customer interactions—such as searches, clicks, and purchases—to deliver personalized search results and product recommendations. This technology eliminates the need for third-party services and integrates seamlessly with popular retail platforms through API connectors.

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Adeptmind serves a diverse range of clients, including online retailers and physical retail establishments looking to enhance their digital shopping experiences. The company operates in the e-commerce and retail technology market, providing solutions that increase foot traffic, customer loyalty, and retention. Its business model revolves around offering customizable search technology that can be tailored to the specific needs of each retailer, thereby taking retail to the next level.

Revenue is generated through subscription fees for its AI-powered search and discovery services, as well as through partnerships and collaborations with retail brands. Adeptmind's solutions are designed to be scalable, allowing retailers of all sizes to benefit from advanced AI capabilities without significant upfront investments.

Source: Dealroom company data