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The Yes
The Yes is a next generation AI-powered shopping platform
About The Yes
The Yes was an AI-powered fashion shopping platform founded in 2018 by Julie Bornstein, a seasoned e-commerce executive, and Amit Aggarwal, a technology industry veteran. Bornstein's extensive background includes roles as COO of Stitch Fix and Chief Digital Officer at Sephora, where she was instrumental in growing their digital presence. Aggarwal brought two decades of experience in search, personalization, and retail technologies from companies like Google, Microsoft, and Bloomreach. The founders' combined expertise in fashion retail and machine learning aimed to address the overwhelming nature of online shopping by creating a personalized experience for each user.
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The platform operated in the women's fashion e-commerce market, serving consumers by partnering with a wide range of brands, from high-end labels like Prada and Bottega Veneta to more accessible ones like Levi's and Everlane. The business model was based on a drop-shipping method, which allowed The Yes to offer a brand's full digital catalog without holding inventory, thus providing a new distribution channel for brands. Revenue was likely generated through commissions on sales made through the platform. The core of its service was an algorithm that learned a user's individual style preferences through a simple "yes" or "no" voting system on various items. This continuous feedback loop allowed the platform to refine its recommendations in real-time, creating a dynamic and individualized home feed for each shopper. The technology also utilized an extensive fashion taxonomy, built with human expertise and scaled by machine learning, to understand and categorize products.
Launched in May 2020, The Yes initially started as an iOS app and later expanded to a website in 2021. A key milestone for the company was its acquisition by Pinterest, which was completed on June 10, 2022. Following the acquisition, Pinterest announced plans to sunset The Yes app and website to integrate its technology and team. The goal of the acquisition was to leverage The Yes's AI capabilities and fashion industry relationships to accelerate Pinterest's vision of becoming a taste-driven shopping destination. Bornstein was appointed to lead Pinterest's shopping strategy post-acquisition.
At a glance
- Status
- Acquired
- Founded
- 2018
- Headquarters
- Burlingame, United States
- Employees
- 74
- Open positions
- None listed
- Dealroom signal
- 74.5/100
- Industry
- Fashion
- Sector
- eCommerce & Marketplaces, Core AI, Hard Tech, AI Applications, DT and LS
- Technology
- Artificial Intelligence, Deep Tech, Deep Learning
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Latest news
Press, funding announcements and product moves mentioning The Yes.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jun 2022 | $0 | — | ↗ | |
| EARLY VC✓Equity / VC | Oct 2019 | $30M | $120M | Jon Callaghan · Bain Capital Ventures · Kirsten Green · Comcast Ventures | — |
Growth signals
Latest recorded traffic for The Yes is 1.3K monthly website visits, down 18.8% over the last three months. The Yes's team grew 2.8% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
Jon Callaghan
Bain Capital Ventures
Kirsten Green
Comcast Ventures
Other known investors4 additional known investors
Pinterest
Forerunner Ventures
NEA
True Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about The Yes on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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