Amex Ventures Invests in Pie's AI-Powered Growth Platform for Small Businesses
Pie, an AI-powered growth platform for small businesses, has secured investment from Amex Ventures. The corporate venture capital arm of American Express invested in Pie following its emergence from stealth mode in June and a $19.5 million Series A funding round led by Lightspeed Venture Partners.
The investment is aimed at helping Pie expand its services to support more small businesses. Pie's AI-powered platform provides tools for growth, including marketing and sales assistance.
The company announced its emergence from stealth in June, and the Series A funding round it participated in also included investors such as Capital One Ventures and Max Levchin's SciFi VC.