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Welcome Klevu to the A&D family!

Dear Friends of Alfvén & Didrikson,


Today, we are happy to announce that Klevu is the latest addition to the A&D family!


Klevu is a rapidly growing company that has brought to the market the most advanced discovery engine for online retailers helping clients to drastically increase conversions, drive sales and improve shopping experience. Klevu offers its retail customers a platform agnostic AI powered discovery suite that is easy to integrate, optimise and maintain delivering the most relevant results and ultimately connecting shoppers with the products they love.


The company’s smart search and discovery products are today used by more than 3,000 retailers globally, including some of the world’s most well-known brands. Clients include Puma, Yamaha, Toys “R” Us and many more.


Since the company was founded in 2013, it has been growing at a rapid pace and today more than 70 employees are part of the truly global team sharing more than 11 languages and offices in five countries (UK, USA, India, Finland and Sweden). The Co-founders, Nilay and Niraj, have big ambitions on changing the world for a better place. They have background in software engineering and text mining with PhD on their belt in respective fields.


We are thrilled to be able to support Klevu in their global growth journey to become the world’s leading discovery solution for online retail. We are truly impressed with the team and by the strength in the product offering, which was verified to us during our due diligence. Tiyam Afshari and Ken Liebkind have led the work on the investment, and both will actively support the company going forward.


With best wishes,

Your A&D team






Investors in growth since 2010
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