L Catterton Makes Strategic Investment in InMobi-Backed Glance
L Catterton announces a strategic investment in InMobi-backed Glance, an AI-powered personal shopping platform.
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L Catterton has announced a strategic investment in Glance, an AI-powered personal shopping platform backed by global technology company InMobi. The firm said the investment reflects its view that AI is changing how consumers find and buy products.
Glance uses agentic AI to understand a consumer’s interests and preferences and introduce relevant products, including ones they may not have considered. It is integrated across smartphones, connected TVs and other digital environments, so consumers can move from inspiration to discovery and purchase on devices they already use. Glance is already available on millions of devices across the US.
“Glance is uniquely positioned to capitalize on this evolution, combining a differentiated consumer proposition with broad distribution across the screens where people spend their time,” said Scott Dahnke, Global CEO, L Catterton.
L Catterton said the investment builds on its research into consumer behaviour and the growing role of AI in product discovery, consideration and purchasing. It will use its consumer and category expertise, operating capabilities and global network to support Glance’s expansion, with a particular focus on the US.
“Their decision to back Glance is a validation of the shopping model we’ve created and our belief that the future of commerce will move beyond search toward agentic shopping,” said Naveen Tewari, Founder and CEO, InMobi and Glance.
L Catterton has announced a strategic investment in Glance, an AI-powered personal shopping platform backed by global technology company InMobi. The firm said the investment reflects its view that AI is changing how consumers find and buy products.
Glance uses agentic AI to understand a consumer’s interests and preferences and introduce relevant products, including ones they may not have considered. It is integrated across smartphones, connected TVs and other digital environments, so consumers can move from inspiration to discovery and purchase on devices they already use. Glance is already available on millions of devices across the US.
“Glance is uniquely positioned to capitalize on this evolution, combining a differentiated consumer proposition with broad distribution across the screens where people spend their time,” said Scott Dahnke, Global CEO, L Catterton.
L Catterton said the investment builds on its research into consumer behaviour and the growing role of AI in product discovery, consideration and purchasing. It will use its consumer and category expertise, operating capabilities and global network to support Glance’s expansion, with a particular focus on the US.
“Their decision to back Glance is a validation of the shopping model we’ve created and our belief that the future of commerce will move beyond search toward agentic shopping,” said Naveen Tewari, Founder and CEO, InMobi and Glance.
