Klevu selected as one of the ten hottest startups in Finland

Talouselama, the premier business magazine in Finland reviewed dozens of promising startups in Finland. They focused on companies that are less than five years old and had less than 10 million euro of turnover and jury considered revenue growth, growth plans, international competitiveness, and the management team.

“The quality of the candidates has risen since the previous year, we aimed at recognizing the leading companies in each industry”, comments Inka Mero, chairperson the jury.

Klevu is the only ecommerce company in the top ten list. Klevu was selected because “it has a global customer base and strong growth numbers in a very competitive field, with strong technology under it”.

Klevu provides an intelligent in-store search solution for web shops as a SaaS service. It serves over 300 web shops in 40 countries.

Klevu helps web shops increase their sales by helping web shop customers find the relevant products easier and faster, resulting in better conversions and sales. Customers have reported 40 to 50 % increases in search-based sales after Klevu has been deployed.

This is not a direct translation of the piece linked below but a summary that also contains a couple of points of the evaluation process.

Klevu piece: https://www.talouselama.fi/uutiset/kieliteknologiaa-ja-alya-verkkokauppaan/e502825f-80c9-3a2a-9146-db621dfc9ed1

Intro piece on the whole: https://www.talouselama.fi/uutiset/tassa-ovat-suomen-10-lupaavinta-startup-yritysta-pyrimme-valikoimaan-listalle-aidosti-alansa-johtajayritykset/c2a4444b-7b54-38b6-b19c-de82e61b49b4