ABOUT THE COMPANYPhoton Commerce empowers fintech leaders to automate invoicing, receipts, and payments data with AI. Photon's intelligent platform understands and harmonizes SKU-level data, delivering line-item (Level 3) purchase analytics and prediction. Over 100 fintech, eCommerce, and logistics companies use this data technology to better understand and engage with their customers.
Photon is supported by the Nasdaq Entrepreneurial Center and Village Global, a venture firm funded by Jeff Bezos, Bill Gates, and other leaders of industry.
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Leadership
Michael Young, CEOMichael cofounded companies that closed deals with Google AI, Apple, Samsung, and the US Department of Defense. Michael co-founded Smart Focus and Innova Dynamics, which was acquired by a major supplier to Apple. He and his work have been featured in Bloomberg, Forbes, Economist, and the UN.
Michael is a subject matter expert in computer vision, natural language processing, and supply chain management. He studied engineering and business at Stanford and UPenn. |
Nicholas Beardsley, Business DevelopmentNicholas was Head of Global Platform Partners at Klarna, one of the largest Fintech companies with 200k+ retail customers. He launched payments innovations with Shopify and BigCommerce.
He was the Global Partnerships Lead at Paypal, closing $200M+ in annual contracts. Nicholas led Business Development teams at Worldpay and IP Commerce, yielding merchant acquisition opportunities for 160k merchants. |
Olaf Erichsen, SalesOlaf is a subject matter expert in industrial automation, artificial intelligence, machine learning, and natural language processing. He was Head of Europe at Passage AI, a conversational artificial intelligence that drives Kohls, BMW, Mastercard, SoftBank, and many other organizations.
Olaf holds an MBA from the University of Hamburg and is a lecturer for Machine Learning at the HSBA in Hamburg. |
Rob Eldridge, AdvisorRob was VP of Product Management - Fulfillment by Amazon (FBA) and CFO of Amazon Asia and Emerging Markets. He was responsible for supply chain-related products used by FBA Sellers, including: Shipment Creation and Inbound Workflows, Inventory Management, Product Quality, Returns and Dispositions, Selection Expansion, and User Experience/Design.
Rob holds an MBA from UC Berkeley’s Haas School of Business and a BS in Chemistry from University of Washington. |
William Rickman, AdvisorWilliam is a thought leader in payments, commerce solutions, SaaS, and machine learning for financial services.
He is Director of Integrated Payments at Paya, and spearheaded sales at Sift, Netsurion, Worldpay, Bank of America Merchant Services, Bill.com, and Vantiv. He was an early employee and Director at Bill.com prior to its IPO. |
Hari Viswanathan, GrowthHari has built several multi-million dollar businesses at Semantics3 and Kittyhawk. He has closed large deals to Walmart, Microsoft, Citibank, Facebook, and Rakuten, providing API services around eCommerce intelligence. Previously, he was a senior management consultant at LEK Consulting.
Hari has an engineering degree from the National University of Singapore. |
Karan Gandhi, AdvisorKaran has led Operations at HeyDay and Boxed, a bulk e-commerce delivery service. As an early employee, he led several initiatives such as launching the B2B business, expansion of operational footprint and redesigning merchandising strategy and supply chain operations to drastically improve profit margin. Previously, Karan was a Product Manager at Amazon, and a Senior Associate at McKinsey.
Karan holds an MBA from Harvard, Masters in Engineering from Stanford, and Bachelors in Computer Engineering from Georgia Institute of Technology. |
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Photon Commerce's team includes a national winner of the USA Computing Olympiad, an international winner of the Vex Robotics Competition, and talent from Amazon, Automation Anywhere, Harvard, Stanford, UC Berkeley, and Columbia University. |
TRACK RECORD
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$57M
Raised in VC funds for our previous founded companies |
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A quantum leap in invoicing, payments, and receipts The meaning of Photon Commerce comes from the photon being the fastest thing in the universe, by law. Our vision is to harness digital transformation and computer vision to enable modern fintech and eCommerce businesses to collaborate around supply & demand data, share intelligence, and achieve visibility at the speed of light. Computer vision uncovers insights never seen before in the digital supply chain. The quantum theory of light and electrons defined the human civilization in the 20th century (the atomic bomb, the transistor, the internet, the information age). All commerce is becoming eCommerce. All tech is becoming infused with intelligence. We believe the human experience this century will be defined by machine intelligence and vision. |
Values
VELOCITYDelivering speed and direction to eCommerce, distribution, and manufacturing leaders to stay ahead of the curve
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VISIBILITYUnbridled intelligence, communication, data analytics, and power to distributors, suppliers, and customers
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VISIONDocument understanding, thanks to breakthrough computer vision and natural language processing trained on the largest industrial datasets
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Our inspiration
Our inspiration
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Responsible for over millions of dollars a day in shipments for leading eCommerce companies, we found ourselves spending an unreasonable amount of time resolving invoice-PO-packing list discrepancies and exceptions manually. While many have tried to solve this with EDIs and sweeping the rest of the problem under the carpet, we set out to design the ultimate vision system to deliver unprecedented efficiency. We meticulously forged the final framework that recognizes the realities of your world still ruled by paperwork, PDFs, errors, and legacy ERP systems. We optimized to that reality with unparalleled computer vision, exception handling, and digital transformation. |
