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AI Startup Spyne Secures $16M in Series A, Backed by Vertex Ventures

Spyne, an AI-powered visual merchandising platform, has raised $16 million in its Series A funding round, with Vertex Ventures leading the investment. The funding round also saw participation from existing investors, including Accel, Storm, and Alteria.

The transaction, completed on January 31, 2025, marks a significant boost for Spyne as it continues to expand its AI-driven solutions for businesses. Legal advisory for the investment was provided by a team from Cyril Amarchand Mangaldas.

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