Needle - About the company
Needle is a seed company based in Singapore (Singapore), founded in 2022 by Kiyan Foroughi, Serene Gan, Jeannie Nguyen and Rachelle Yee. It operates as an AI enabled marketing advisor and assistant for eCommerce brands. Needle has raised $1.2M in funding from Iterative. The company has 2014 active competitors, including 159 funded and 124 that have exited. Its top competitors include companies like Nielsen, StackAdapt and Smartly.io.
Company Details
AI enabled marketing advisor and assistant for eCommerce brands. It provides solutions for brands to enhance marketing strategies using artificial intelligence. It helps businesses grow by analyzing data, setting goals, suggesting personalized tactics, and generating marketing assets and campaigns.
- Website
- www.askneedle.com/
- Email ID
- *****@askneedle.com
Key Metrics
Founded Year
2022
Location
Singapore, Singapore
Stage
Seed
Total Funding
$1.2M in 1 round
Latest Funding Round
Ranked
268th among 2014 active competitors
Employee Count
1 - 10 as on Jul 01, 2024
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Needle's funding and investors
Needle has raised a total funding of $1.2M over 1 round. Its latest funding round was a Seed round on Jul 05, 2023 for $*****. 4 investors participated in its latest round. Needle has 3 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Needle:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 05, 2023 | 4567988 | Seed | 4423884 | 1159030 | 7816487 | 3020067 |
View details of Needle's funding rounds and investors
Needle's founders and board of directors
Founder? Claim ProfileThe founders of Needle are Kiyan Foroughi, Serene Gan, Jeannie Nguyen and Rachelle Yee. Kiyan Foroughi is the CEO of Needle.
Here are the details of Needle's key team members:
- Kiyan Foroughi: Co-Founder & CEO of Needle. They are also an angel investor in 1 startup.
- Serene Gan: Co-Founder of Needle. Contact Info: 1 email address
- Jeannie Nguyen: Co-Founder of Needle. Contact Info: 1 email address
- Rachelle Yee: Co-Founder of Needle. Contact Info: 1 email address
View details of Needle's Founder profiles and Board Members
Needle's employee count trend
Needle has 1 - 10 employees as of Jul 24. Here is Needle's employee count trend over the years:
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Needle's Competitors and alternates
Top competitors of Needle include Nielsen, StackAdapt and Smartly.io. Here is the list of Top 10 competitors of Needle, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nielsen 1923, United States, Acquired | Provider of audience measurement, data, and insights for media industries | - | 79/100 | |
2nd | StackAdapt 2014, Toronto (Canada), Series B | Provider of an AI-powered platform for digital advertising campaign management | $537M | 72/100 | |
3rd | Smartly.io 2013, Helsinki (Finland), Acquired | Provider of an AI advertising platform for cross-channel campaign management | $22.8M | 71/100 | |
4th | Quotient 1998, Cincinnati (United States), Acquired | Provider of retail media networks digital incentives and advertising technology | $250M | 66/100 | |
5th | Cloud-based collaboration tools | $5M | 66/100 | ||
6th | Provider of artificial intelligence-driven contextual advertising solutions across digital channels | $299M | 65/100 | ||
7th | Choozle 2012, Denver (United States), Series C | Provider of a self-service platform for programmatic advertising campaign management | $29.9M | 65/100 | |
8th | Pixis 2018, Burlingame (United States), Series C | Provider of an AI-powered platform for advertising campaign optimization and creative generation | $209M | 64/100 | |
9th | Provider of MadTech and CloudTech platforms for digital advertising solutions | - | 63/100 | ||
10th | Wunderkind 2010, New York City (United States), Acquired | Adnetwork and performance marketing platform | $156M | 63/100 | |
268th | AI enabled marketing advisor and assistant for eCommerce brands | $1.2M | 32/100 |
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Needle's Investments and acquisitions
Needle has made no investments or acquisitions yet.
Reports related to Needle
Here is the latest report on Needle's sector:
News related to Needle
•
Former Shopee exec’s AI marketing startup Needle closes US$1.2M funding roundTech in Asia•Jul 05, 2023•Needle, Ethos Fund, Iterative, Goldbell and 1 other
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