Nostra AI, a leader in conversion optimization software for e-commerce brands, has successfully raised $8.9 million in its latest funding round, bringing its total capital raised to $20 million. The funding round was spearheaded by High Alpha, with additional contributions from Signal Peak Ventures, Sugar Capital, Crosscut, and Good Friends. Notable industry experts and angel investors, including Matthew Prince, CEO and co-founder of Cloudflare, also participated in the round.
Nostra AI is addressing a critical challenge in the e-commerce space: the impact of website speed on conversion rates and revenue. According to Nostra AI’s CEO and Founder, Arthur Root, “When it comes to e-commerce, it’s no secret that website speed, especially on mobile devices, has a direct impact on conversion rates and revenue. Our proprietary Edge Delivery Engine™ makes websites substantially faster, instantly — customers are seeing north of a 10% lift in revenue by simply decreasing page load time.”
The Edge Delivery Engine™ enhances website performance by analyzing personalized content, such as shopping carts, and optimizing what can be cached to reduce load times. This engine, in conjunction with Nostra AI’s Crawler Optimization, which improves site experiences for bots, offers a comprehensive suite of tools designed to deliver near-instant results for enterprise retailers and high-growth e-commerce brands.
Nostra AI’s solutions have already made a significant impact for several high-profile clients:
- Jones Road Beauty: Chief Marketing Officer Cody Ploker praised Nostra AI for improving their website’s performance. “Our website was beautifully designed, but page load speed became an issue. Nostra AI instantly made our website faster and boosted metrics like return on ad spend and conversion rate — dramatically improving both website performance and user experience.”
- Open Store: Managed by Dov Quint, Open Store has benefited from Nostra AI’s software, stating, “Nostra has been very helpful in speeding up our website and increasing conversion rates, and has been a great partner in not only providing their software but also their expertise.”
With the new funding, Nostra AI plans to advance its Edge Delivery Engine™ and Crawler Optimization technologies, aiming to further enhance e-commerce performance. The company will also expand its integration into key e-commerce ecosystems, including Shopify and Salesforce.
Currently, Nostra AI manages over 450 million website visits per month, highlighting its significant role in the e-commerce landscape. The company’s innovations are positioned to set new standards in website speed optimization, addressing the growing demand for faster, more efficient online experiences.
Kristian Andersen, Co-Founder and Partner at High Alpha, commented, “Nostra AI has demonstrated it can deliver incredible results and clear value for e-commerce brands. Consumers continue to demand lightning-fast online experiences, and every millisecond has an impact on the customer experience, as well as merchant revenue. We believe Nostra is positioned to lead the website speed optimization market and we’re excited to support Arthur and the Nostra AI team.”
Nostra AI’s latest funding round underscores its commitment to revolutionizing e-commerce performance through advanced optimization technologies. By accelerating website speed and enhancing user experience, Nostra AI continues to deliver substantial value to its clients, reinforcing its position as a key player in the e-commerce technology sector.
