Former Amazon Leaders Raise $15 million For Spangle AI 

Spangle AI has raised $15 million in a Series A round to build what it calls the “agentic infrastructure layer” for commerce, targeting a $6.8 trillion

Former Amazon Leaders Raise $15 million For Spangle AI
BusinessFinance

Former Amazon Leaders Raise $15 million For Spangle AI 

Spangle AI has raised $15 million in a Series A round to build what it calls the “agentic infrastructure layer” for commerce, targeting a $6.8 trillion global commerce market that is being reshaped by AI‑driven shopping journeys. The Seattle, Washington, startup is already powering AI commerce experiences for fashion names like REVOLVE, Steve Madden, Alexander Wang, and WHP Global, delivering up to 50% conversion lifts and 2x ROAS improvements.​

Series A round and investors

In its January 2026 announcement, Spangle AI said it closed a $15 million Series A led by NewRoad Capital Partners, with participation from Madrona, DNX Ventures, Streamlined Ventures, and strategic angel investors. The new capital brings total funding to $21 million, following a $6 million seed round announced in 2025.

The company, founded in 2024 by former Amazon, Saks, and Gap leaders, is valued at around $100 million after the round, according to external coverage. Spangle…

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