Klevu Joins Forces with Searchspring to form Athos Commerce, Creating a Leading Comprehensive, Global AI-Backed Ecommerce Optimization Platform
Searchspring, a global leader in online product discovery and portfolio company of PSG, has announced a combination with Klevu, an AI-driven search and discovery company. Headquartered in Finland, Klevu serves clients globally.
This combination brings together AI-driven product discovery, on-site search, personalization, merchandising, multi-channel product syndication, and cross-sell capabilities into a single, integrated platform rebranded as Athos Commerce, and backed by PSG. The combined platform will provide ecommerce professionals with an ultimate solution to help improve the online shopping experience and optimize revenue.
“Joining forces with Athos Commerce is a step forward for Klevu,” said Nilay Oza, CEO and Co-Founder of Klevu. “We believe our advanced AI-powered technology, and shared vision for unified personalization aligns perfectly. We look forward to expanding our reach and innovating faster, ultimately driving higher conversions and enhancing customer experiences for our clients worldwide.”
“By uniting under our new brand, Athos Commerce, we help create industry-leading ecommerce optimization and product discovery solutions for retailers at every stage of the product discovery journey,” said Alex Kombos, CEO of Searchspring, “We are excited to be able to bring a new level of AI-innovation to our shared customers and partner network.”
“Bringing these leading technologies together under one roof delivers a holistic, integrated set of solutions for our shared customer base, paving the way for opportunities to innovate and elevate the online shopping experience,” commented Chris Andrews, Managing Director at PSG and Board Member of Athos Commerce. “We are excited to fuel Athos Commerce’s growth as it sets a new standard for innovation in ecommerce.”
Why This Matters for Retailers and Partners
- Comprehensive AI-Driven Solutions: Klevu’s AI-powered technology complements Searchspring’s on-site optimization, multi-channel syndication, analytics, and cross-sell and upsell automation.
- Accelerated Global Reach: With offices in the United Kingdom, European Union, United States, Australia, and India, Athos Commerce delivers global service and support across time zones.
- Faster Innovation Cycle: Combining skills and experience from both companies provides Athos Commerce with the ability to accelerate product roadmaps and help deliver cutting-edge solutions that align with evolving consumer expectations.
- Single Destination for Ecommerce Professionals: Retailers benefit from a unified product discovery platform—spanning multi-channel search, merchandising, insights, and automation—through one go-to brand, simplifying vendor relationships and workflows.
About Athos Commerce
Athos Commerce is the new brand uniting Klevu and Searchspring. Searchspring is a global leading ecommerce search and personalization platform that enables merchants with powerful, unique, proven product discovery and shopping experiences since 2007. Backed by PSG, Athos Commerce will offer a comprehensive and integrated suite of AI-driven ecommerce solutions—covering data management, marketplace optimization, on-site search, merchandising, analytics, and personalization—empowering retailers to create compelling digital shopping experiences worldwide.
About PSG
PSG is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities, and build strong teams. Having backed over 140 companies and facilitated over 500 acquisitions, PSG brings extensive investment experience, deep expertise in software and technology, and a firm commitment to collaborating with management teams. Founded in 2014, PSG operates out of offices in Boston, Kansas City, London, Madrid, Paris, and Tel-Aviv. For more information, visit https://www.psgequity.com/
About Klevu
Klevu is a global leader in AI-driven search and discovery solutions for ecommerce. Trusted by over 3,000 brands worldwide, Klevu’s platform helps retailers deliver relevant, personalized shopping experiences that increase conversion and revenue. For more information, visit https://www.klevu.com/
This press release may contain forward-looking statements. All product and company names are trademarks™ or registered® trademarks of their respective holders.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250113743474/en/
Contacts
Jennifer Baron, VP of Marketing, jennifer.baron@searchspring.com
Jacqueline (Schofield) Ryan, jryan@prosek.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
www.businesswire.com
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
REI Super Selects SS&C For Superannuation Administration1.5.2025 06:00:00 EEST | Press release
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that REI Super (“REI”), the superannuation fund for Australia’s real estate industry, has signed a long-term agreement to partner with SS&C. REI selected SS&C to serve as the fund’s administrator following a competitive tender process. SS&C Global Investor & Distribution Solutions (GIDS) will provide REI with superannuation administration services and streamlined operations support to its 24,000 members across Australia. REI will benefit from SS&C’s local administration expertise, supported by its global investment in digital service channels, automation and artificial intelligence to enhance the member experience. “As one of Australia’s longest-standing superannuation funds, our focus has always been on serving our members,” said Jarrod Coysh, CEO of REI Super. “SS&C’s extensive track record in fund administration and innovative technology make them the ideal operations partner to help us best meet our members’ needs.” “W
Svante and Mercer International Advance Carbon Capture Project at Alberta Pulp Mill1.5.2025 04:25:00 EEST | Press release
Svante Technologies Inc. (Svante), a leader in carbon capture and removal technology, today announced that its joint carbon capture and storage project with Mercer International Inc. (Mercer) has advanced to the Front-end Engineering and Design Phase 2 (FEL-2). Also known as Pre-FEED, this phase involves engineering, cost estimation, and risk analysis to evaluate the project's commercial viability. Mercer is a global producer of sustainably sourced forest products, including pulp, lumber, mass timber, biomass-based green energy, and bioextractives. The carbon capture project targets biogenic CO2 emissions from Mercer’s Peace River pulp mill, where the biomass (fibre) is sourced from sustainably managed forests. Advancing to the Pre-FEED stage will support further development of the integrated design, cost estimates, and risk assessments—key steps toward a final investment decision and potential implementation. This milestone reflects the growing momentum for carbon capture solutions wi
From Scalable Solutions to Full-Stack AI Infrastructure, GIGABYTE to Present End-to-End AI Portfolio at COMPUTEX 20251.5.2025 04:00:00 EEST | Press release
GIGABYTE Technology, a global leader in computing innovation, will return to COMPUTEX 2025 from May 20 to 23 under the theme "Omnipresence of Computing: AI Forward." Demonstrating how GIGABYTE’s complete spectrum of solutions spanning the AI lifecycle, from data center training to edge deployment and end-user applications reshapes the infrastructure to meet the next-gen AI demands. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250428101781/en/ From Scalable Solutions to Full-Stack AI Infrastructure, GIGABYTE to Present End-to-End AI Portfolio at COMPUTEX 2025 As generative AI continues to evolve, so do the demands for handling massive token volumes, real-time data streaming, and high-throughput compute environments. GIGABYTE’s end-to-end portfolio - ranging from rack-scale infrastructure to servers, cooling systems, embedded platforms, and personal computing—forms the foundation to accelerate AI breakthroughs across industr
Carl Haney, Executive Vice President, Global Innovation and Research & Development to Depart The Estée Lauder Companies1.5.2025 01:00:00 EEST | Press release
Today, The Estée Lauder Companies Inc. (NYSE: EL) announced that Carl Haney, Executive Vice President, Global Innovation and Research & Development (R&D), will depart the company effective June 30, 2025 to pursue new opportunities. With Carl’s transition, the company intends to bring in new external talent to drive the next era of transformative innovation in line with its strategic vision of becoming the best, most consumer-centric, prestige beauty company in the world. “Over the past decade, Carl has forged impactful partnerships at the forefront of scientific innovation and delivered breakthrough products and superior formulations across categories, benefits and occasions, while fueling corporate innovation and advanced technologies,” said Stéphane de La Faverie, President and Chief Executive Officer, The Estée Lauder Companies. “As we look to the future and delivering our bold Beauty Reimagined vision, we will transform our approach to innovation across the company—which includes e
Clearwater Analytics Completes Acquisition of Beacon, Deepening Risk and Modeling Capabilities30.4.2025 23:15:00 EEST | Press release
Clearwater Analytics (NYSE: CWAN) (“Clearwater”), the most comprehensive technology platform for investment management, today announced it has completed its acquisition of Beacon Platform Inc. (Beacon), a provider of enterprise risk analytics and developer infrastructure. The acquisition strengthens Clearwater’s capabilities in complex portfolio management across both public and private markets, including structured products, private credit, and derivatives. For years, institutional investors have faced a tradeoff between advanced analytics and operational efficiency—navigating rigid legacy systems, endless manual processes, and disconnected data. These fragmented environments slow down decision-making, elevate risk, and obscure a clear, consolidated view of portfolios. Clearwater is changing that. With the integration of Beacon’s cross-asset risk modeling with front-office capabilities and alternative asset intelligence from the acquisitions of Enfusion, Inc. (Enfusion) and Blackstone
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom