Queen One Raises $25 Million for Commerce CRM and Ad Business
Queen One announced in a press release that it raised $25 million from investors including Mercury Fund, Full In, Connecticut Innovations, CP Overture, Charge Ventures, Inspired Capital, and existing investors. The Brooklyn company said the funding brings its total external venture investment and performance based incentives to more than $37.5 million.
Queen One said it will use the capital to expand its commercial organization, invest in its AI infrastructure for commerce, and launch an advertising business led by Andres Moran, former head of advertising at Wunderkind.
The company also introduced a Transition Program for brands moving from legacy commerce platforms. The program includes no cost data migration, waived implementation fees, and a 24 month price lock at Queen One standard rates.
Queen One was founded by former Wunderkind executives Ryan Urban and Maricor Resente. The company said it has signed more than 300 launch partners, grown to more than 140 employees, and opened a 30,000 square foot headquarters in Williamsburg, Brooklyn.
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