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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.
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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.

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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