The inaugural CB Insights Retail Tech 100 list represents the most promising startups driving innovation in the retail industry. Through an evidence-based approach, the CB Insights research team selected the Retail Tech 100 from nearly 15,000 applications and nominees, based on several factors including patent activity, business relations, investor profiles, news sentiment analysis, proprietary Mosaic scores, market potential, competitive landscape, team strength, and tech novelty. The Mosaic Score, based on CB Insights' algorithm, measures the overall health and growth potential of private companies to help predict a company's momentum.
"We're honored to be recognized by CB Insights as an innovator in the retail technology space," said Brian Long, Co-Founder & CEO of Attentive. "This year has accelerated an already powerful shift in consumer behavior towards e-commerce and mobile. Our goal is to build the best technology to help brands connect with consumers through personalized, two-way mobile messaging at scale."
Attentive partners with over 2,000 leading businesses such as Sephora, Coach, Urban Outfitters, Michaels, Steve Madden, and Jack in the Box—driving billions of dollars in transactions.
"The rate of change in retail is accelerating, and the Retail Tech 100 showcases the tech companies that are changing every facet of retail - from store automation to supply chain robotics to personalized merchandise discovery. Spanning 13 distinct technology markets, they address key challenges retailers face today while also helping them adapt and be ready for changing consumer habits," said CB Insights CEO Anand Sanwal. "The honorees also underscore the fact that the best technologies driving retail transformation may come from anywhere as they hail from 21 countries ranging from Canada to Singapore to Brazil to Sweden. As we head into 2021, we are excited to see the impact the Retail Tech 100 will have on customers, retailers, and markets."
Using real-time behavioral data, Attentive automatically sends engaging text messages to each subscriber at every step of the customer lifecycle. On average, Attentive is responsible for driving 18.5% of its customers' total online revenue by increasing sales made on mobile devices.
For the full list of this year's top retail tech startups, please visit: CB Insights Retail Tech 100
Attentive® is a personalized text messaging platform for innovative brands that can quickly become a top 3 revenue channel. Using real-time behavioral data, Attentive automatically sends engaging text messages to each subscriber at every step of the customer lifecycle. Over 2,000 leading businesses rely on Attentive and see strong performance, like 30%+ click-through rates and 25x+ ROI. To learn more about Attentive or to request a demo, visit https://www.attentivemobile.com.
About CB Insights:
At CB Insights, we believe the most complex strategic business questions are best answered with facts. We are a machine intelligence company that synthesizes, analyzes and visualizes millions of documents to give our clients fast, fact-based insights. Serving the majority of the Fortune 100, we give companies the power to make better decisions, take control of their own future, and capitalize on change.
Brooke Burdge, Attentive, +1 (844) 293-7265, [email protected]