Kumo aims to bring predictive AI to the enterprise with $18M in fresh capital

Platforms
Written By Rick Watson

Kumo is a startup offering an AI-powered platform to tackle predictive problems in business.

The round was led by Sequoia.  The types of use cases that Kumo tackles include scenarios like customer acquisition, retention, forecasting, and fraud modeling and detection.  There is definitely a new generation of VC funding going into predictive analytics and forecasting tools at the moment.

TechCrunch: Kumo aims to bring predictive AI to the enterprise with $18M in fresh capital

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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