Jagmeet Singh
By Jagmeet
Spangle, led by ex-Bolt CEO Maju Kuruvilla, raises $15M Series A at $100M valuation to scale ProductGPT
Spangle, founded by former Bolt CEO Maju Kuruvilla, raised $15 million in an all-equity Series A led by NewRoad Capital Partners, valuing the AI e-commerce startup at $100 million and bringing total funding to $21 million. The Seattle company uses a proprietary ProductGPT to generate real-time, personalized product pages and has signed nine enterprise customers, reporting strong month-on-month traffic growth and a quadrupling of annualized revenue in Q4.
