Glimpse, a NYC-based provider of an AI platform to automate CPG and retail operations, raised $35m in Series A funding.

The round, which brings the total raised to $52m, was led by Andreessen Horowitz with continued participation from 8VC and Y Combinator.

The company intends to use the new capital to scale its platform and expand operations.

Led by Akash Raju, CEO and Founder, Glimpse uses AI to provide consumer brands with a tool to centralize retailer data from dozens of portals and key internal data across systems like the ERP, automating deductions, revenue recovery, and cash application end-to-end.

Since launching less than 2 years ago, Glimpse has achieved 14x year-over-year growth, powering retail operations for 200+ brands & retail partners, including PLTFRM, PRESENCE, Suave, Chapstick, Lemon Perfect, IQBar, and Brami.

source[FinSMEs]