Monetate

Monetate is a software company headquartered in Conshohocken, Pennsylvania, founded in 2008 by David Brussin. The company provides a SaaS platform that enables e-commerce and digital marketing teams to run A/B and multivariate tests, segment audiences, and deliver personalized experiences across web, mobile, and email channels.

Monetate's core products include testing and experimentation tools, automated personalization powered by machine learning, and product recommendation engines. The platform is used primarily by enterprise retailers and consumer brands to tailor content and product displays to individual visitors. Customers have included large retail and travel brands seeking to improve conversion rates and online revenue.

Monetate raised approximately $52 million in venture funding before being acquired by Kibo Commerce in 2019. Kibo, a unified commerce platform, integrated Monetate's personalization capabilities alongside its order management and e-commerce products. Prior to the acquisition, Monetate had raised funding from investors including OpenView Venture Partners and First Round Capital.