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Home Business This startup is taking on TikTok Shop and…

This startup is taking on TikTok Shop and eBay Live with AI-powered auctions. Read its $26 million pitch deck.

· · 1 min read
  • Live auction app Tilt has raised $26 million in funding.
  • The startup uses AI tools to streamline the selling experience.
  • Take a look at the pitch deck that helped Tilt land its latest funding round.

Thanendran said the funding will be used to build more AI-powered products and improve discovery, continue scaling the team, and expand into new markets across Europe and into the US.

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Here’s an exclusive look at the nine-page pitch deck Tilt used to raise $26 million:

Tilt is a live auction app powered by AI.

The startup was cofounded by Neil Shah and Abhi Thanendran, who is also the CEO.

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It aims to use AI to make buying and selling live online easier.

It views the global live commerce market as a major growth opportunity.

Tilt believes selling online is difficult for people without a large existing following.

Tilt wants to help sellers who start with nothing ‘become superstars.’

Tilt says there is growing interest in how live commerce can become popular in Western markets.

Tilt says its AI tools streamline the selling process.

One of its AI tools, Snap, can instantly turn an item held up to the camera into a listing.

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Nairavoice
Contributor at NairaVoice.com.ng