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Digital Download: Beauty Search Data Provider Spate Raises $1.8M

3 monthes ago   |   By WWD

Spate, which uses search data to provide insight into beauty and food trends, has raised $1.8 million.
The funding round was led by Initialized Capital, and includes Y Combinator, Kima Ventures, Lightspeed Ventures and Avrhm Capital.
Spate was founded by Yarden Horowitz and Olivier Zimmer as a consumer intelligence service. The company uses machine-learning to track what people are searching and predict product trends.
In a category like foundations, for instance, Spate can go through granular data to see everything from which brands are the most searched to what questions people are...
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