How much did Malachyte raise?

Malachyte raised $10.0M at Seed, announced 6 August 2026.

Who founded Malachyte?

Sidd Motwani is Co-Founder of Malachyte.

FundedStartupsDaily / E-Commerce & Marketplace / Malachyte

Malachyte raises $10.0M

Q: What does Malachyte do?

Malachyte operates in E-Commerce & Marketplace and is based in United States.

Malachyte announced a Seed round of $10.0M on 6 August 2026. The company operates in E-Commerce & Marketplace and is based in United States. It was founded by Sidd Motwani, Co-Founder.

Raised

$10.0M

Stage

Seed

Industry

E-Commerce & Marketplace

Country

United States

Founder

Sidd Motwani

Co-Founder, Malachyte

LinkedIn profile malachyte.com

Outreach angles

-Sidd Motwani and his Malachyte co-founders previously worked together at Spotify before building the company's AI personalization engine.
-The Malachyte team applied Spotify-style recommendation techniques to e-commerce shopper behavior instead of music.
-Malachyte raised a $10 million seed round from Bessemer Venture Partners and Gradient Ventures to expand its commerce personalization platform.