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Pie Secures Amex Ventures Backing to Scale AI Growth Platform

Pie Secures Amex Ventures Backing to Scale AI Growth Platform

Pie, an AI-driven platform tailored for small business growth, has closed an undisclosed investment from Amex Ventures. The fresh capital arrives shortly after the startup emerged from stealth mode, bolstering a $19.5 million Series A round that drew support from Lightspeed Venture Partners and other prominent institutional investors.

The company positions itself as a revenue-focused engine for small businesses, prioritizing customer acquisition over administrative tooling. CEO and Co-Founder Syed Ali noted that the platform is designed to align with how local businesses actually function, aiming to reach a wider base of entrepreneurs who anchor local economies.

Amex Ventures Managing Director Margaret Lim highlighted the platform’s ability to combine sophisticated AI capabilities with a user-friendly interface. Pie is currently executing a strategy of integrating with vertical software platforms to scale its reach. A notable example is its recent collaboration with MoeGo, a management tool for pet care businesses. Early performance data suggests the integration is delivering significant results, with participating operators reporting a 15x return on ad spend during the initial weeks of implementation.

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