Kicking off this week with a HUGE shoutout to our friends at Glimpse!!
Glimpse just announced their $35M Series A led by Andreessen Horowitz, bringing their total funding to $52M (!!!). Though they got their name in retail deductions, they’ve got some big things on the horizon—they’re about to become the AI automation solution for CPG finance teams’ back office workflows.
It’s been so exciting to see Glimpse continue to grow, but what’s especially cool is what this raise says about CPG more broadly: Tech investors are seeing major value in building out CPG infrastructure. We’ve been seeing so much innovation at the product level in CPG, but the backend of so many brand operations remains deeply antiquated. Companies like Glimpse and Jampack (operations automation) are combatting this with truly brilliant solutions, and investors are paying attention.
Excited for the future of CPG infrastructure, and grateful get to celebrate with these awesome teams along the way.
And with that, let’s …
