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business20h ago
Meet the startup taking on TikTok Shop and eBay Live with AI-powered auctions. Here's its $26 million pitch deck.
- Tilt raises $26 million in a funding round led by TQ Ventures to advance AI-powered live auctions.
- Tilt, founded in 2021 by Abhi Thanendran and Neil Shah, aims to scale AI tools for selling online.
- Snap tool can instantly turn a held item into a listing with auto-generated descriptions and pricing.
- A copilot provides real-time prompts to help sellers improve auctions during streams.
- Tilt plans to expand into new European markets and the United States.
- Tilt competes with TikTok Shop and eBay Live in the live commerce space.
- The nine-page pitch deck outlines Tilt's vision for AI-enabled live selling.
- Tilt’s pricing model primarily charges buyers, with a smaller share from sellers.
- The founders describe AI as a way to remove selling hurdles for new creators.
- Tilt plans to enhance discovery and AI-powered features to attract more buyers and sellers.
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