Crosshatch Launches Public Beta, Secures $2.7M to Revolutionize Personalization | Martech Edge | Best News on Marketing and Technology
GFG image
Crosshatch Launches Public Beta, Secures $2.7M to Revolutionize Personalization

technology

Crosshatch Launches Public Beta, Secures $2.7M to Revolutionize Personalization

Crosshatch Launches Public Beta, Secures $2.7M to Revolutionize Personalization

PR Newswire

Published on : Sep 26, 2024

Crosshatch, the identity layer for hyper-personalization, has officially launched its platform's public beta, accompanied by a successful fundraising round of $2.7 million. The platform offers users the ability to bring their preferences and data directly into apps, unlocking personalized experiences while maintaining data privacy.

  • Public Beta Launch and Funding:

    • Crosshatch has launched its public beta platform, backed by an initial funding round of $2.7 million.
    • The platform enables users to carry their preferences, history, and interests across apps and services for a hyper-personalized experience.
  • Soren Larson’s Vision:

    • Soren Larson, Co-founder and CEO of Crosshatch, explained the need for hyper-personalization due to the fragmentation of users' digital lives.
    • He emphasized that no single service can fully anticipate consumer needs, but Crosshatch offers a solution by unifying user data across platforms.
  • Early Industry Interest:

    • Since launching its private beta in August, Crosshatch has attracted startups in industries like grocery, retail, and travel.
    • These companies are leveraging Crosshatch to enhance their customers’ discovery and search processes, delivering personalized recommendations in privacy-compliant ways.
  • Ease of Deployment:

    • Crosshatch stands out due to its simplicity and affordability compared to traditional machine learning and data science methods.
    • With minimal integration effort, apps can deploy Crosshatch’s personalization API, providing users tailored experiences from the first interaction without extensive data collection.

Crosshatch's public beta marks a significant step toward revolutionizing how users interact with apps and services. With strong early adoption and the promise of hyper-personalized experiences, Crosshatch is well-positioned to become a major player in the personalization space.