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Nosto - About the company

Nosto is a series B company based in Helsinki (Finland), founded in 2011 by Antti Poyhonen. It operates as a SaaS-based personalized product recommendation solution for online retailers. Nosto has raised $32.8M in funding from investors like OpenOcean, Wellington Partners Venture Capital and Idinvest Partners. The company has 188 active competitors, including 31 funded and 22 that have exited. Its top competitors include companies like BloomReach, Algolia and Jebbit.

Company Details

SaaS-based personalized product recommendation solution for online retailers. Its plug and play solution makes the technology accessible to online stores. Solutions includes automating marketing activities, conversion management, customer retention, and more.
Website
nosto.com
Social
XFacebook
Email ID
*****@nosto.com
Phone Number
+358 **********
Key Metrics
Founded Year
2011
Location
Helsinki, Finland
Stage
Series B
Total Funding
$32.8M in 5 rounds
Latest Funding Round
Investors
Ranked
Employee Count
162 as on Aug 31, 2026
Investment & Acquisitions
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Nosto's funding and investors

Nosto has raised a total funding of $32.8M over 5 rounds. Its first funding round was on Apr 16, 2013. Its latest funding round was a Series B round on Feb 23, 2023 for $*****. 1 investor participated in its latest round. Nosto has 15 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Nosto:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 23, 2023
6199198
Series B
6279071
8806435
5472294
7423496
Sep 18, 2018
2349353
Series A
1834299
2004757
3636922
4323778
Jul 13, 2017
7810187
Conventional Debt
1212763
5119823
2371415
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Nosto's founders and board of directors

Founder? Claim Profile
The founders of Nosto is Antti Poyhonen.
Here are the details of Nosto's key team members:

Nosto's employee count trend

Nosto has 162 employees as of Aug 26. Here is Nosto's employee count trend over the years:
Employee count trend for Nosto
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Nosto's Competitors and alternates

Top competitors of Nosto include BloomReach, Algolia and Jebbit. Here is the list of Top 10 competitors of Nosto, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for BloomReach
BloomReach
2009, Mountain View (United States), Series F
SaaS-based product discovery and personalization solutions for e-commerce businesses
$422M
74/100
2nd
Logo for Algolia
Algolia
2012, San Francisco (United States), Series D
Developer of software for artificial intelligence search and retrieval systems
$335M
72/100
3rd
Logo for Nosto
Nosto
2011, Helsinki (Finland), Series B
SaaS-based personalized product recommendation solution for online retailers
$32.8M
65/100
4th
Logo for Jebbit
Jebbit
2011, Boston (United States), Acquired
Cloud-based customer insight solutions for businesses
$92.6M
59/100
5th
Logo for Qubit
Qubit
2010, London (United Kingdom), Acqui-Hired
Personalization solution for online businesses
$74.8M
57/100
6th
Logo for Haut
Haut
2017, Tallinn (Estonia), Seed
Provider of SaaS-based solutions for skincare businesses
$2.15M
55/100
7th
Logo for XGen
XGen
2017, Tampa (United States), Acquired
Provider of AI personalization product recommendation solution for businesses
$7.5M
54/100
8th
Logo for BEYABLE
BEYABLE
2014, Paris (France), Acquired
Platform offering conversion rate optimization tools for online businesses
$168K
50/100
9th
Logo for Flowbox
Flowbox
2014, Stockholm (Sweden), Series A
Provider of AI based user generated content platform
$8.29M
49/100
10th
Logo for Depict AI
Depict AI
2019, Stockholm (Sweden), Series A
Provider of AI-based product recommendation platform for businesses
$20M
48/100
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Nosto's Investments and acquisitions

Nosto has acquired 3 companies including Findologic, SearchNode and Stackla. Nosto has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 15, 2022
Acquisition
2008
Salzburg (Austria)
Jan 05, 2022
Acquisition
2013
New York City (United States)
Jun 02, 2021
Acquisition
2012
Sydney (Australia)
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Reports related to Nosto

Here is the latest report on Nosto's sector:

News related to Nosto

lockFilter this list
Media has covered Nosto for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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FAQs about Nosto

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