Coveo acquires Anglera for AI product data enrichment
Coveo Solutions Inc. acquired Anglera, a San Francisco, Y Combinator-backed startup, on October 29, the company said in a press release. The transaction adds Anglera's product data enrichment platform to Coveo's commerce offering, and financial terms were not disclosed.
Anglera's AI agents extract product details from manufacturer specifications, PDFs, images and other sources. The platform standardizes and validates the information against catalog requirements while retaining references to the original sources.
Existing Anglera customers will continue using its platform. Coveo will offer the enrichment capabilities to its commerce customers as an add on and plans deeper integration with its search, recommendation and buyer behavior data.
Coveo pointed to a NielsenIQ estimate that missing product attributes can cut product discoverability by up to 30%, as more buyers research products with AI assistants.
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