Powered by AI, Nosto provides brands and retailers with a Commerce Experience Platform that helps them execute digital experiences at faster rates and at lower manpower. With companies such as Kylie Cosmetics, Dermalogica, and MUJI using Nosto, the company has now spread to more than 100 countries and has offices across Europe, the US, and Australia.
The success of Nosto is partly thanks to its trio of founders' combined experience in cloud computing, AI, and eCommerce brand development. Founded in 2011, the company hit the market at a time when eCommerce was only just swelling to the leviathan it is today.
The company is experiencing a period of rapid growth as well, with substantial funding awarded in early 2023. Nosto users saw a 300% growth in gross merchandise volume between 2018 and 2022, indicating the potency of the Nosto platform for a pool of more than 1,500 customer brands.
Kirsty
Company Specialist at Welcome to the Jungle