Kontext Raises $10M in Funding for Ads in AI Chatbots

SaaSPlatforms
Written By Rick Watson

Kontext.so is a media and information services company that has developed an ad platform specifically for the rapidly growing market of generative AI (GenAI) applications, such as AI chatbots and search engines.

Kontext, a contextual ad platform that has emerged from stealth with $10 million in seed funding, will be used to hire engineering talent and for product development.

Adweek: This Is the Pitch Deck Kontext Used to Raise $10M to Power Real-Time Ads in AI Chatbots

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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