Lily AI, a product attributes platform that injects an enriched, customer-centered product taxonomy across the existing retail stack, has closed its Series B financing round with participation from Canaan Partners, Conductive Ventures, Sorenson Ventures and NEA, among others.

Lily AI is the product attributes platform that injects the language of the customer across the existing retail stack, accurately connecting shoppers with the relevant products they're looking to buy. Lily AI drives 8-9 figure revenue uplift for retailers and brands by dramatically improving their on-site search conversion, personalized product discovery and demand forecasting.