Spresso secures Series A funding for expansion

Spresso, an NYC-based AI solutions provider for ecommerce, has secured initial Series A funding.

Investors include funds managed by BlackRock. Specific deal terms were not disclosed.

The company plans to use the capital for global expansion, optimizing its AI-powered services.

Spresso, led by CEO Jared Yaman, offers pricing intelligence, a commerce suite, and analytics, serving major retailers and Fortune 500 brands.