Lily AI vs Squarespace
Side-by-side comparison of AI visibility scores, market position, and capabilities
Product attribute AI platform for retail. Founded 2015, Mountain View CA. Raised $52.4M. Drives 8-9 figure revenue uplift for fashion, home, and beauty retailers. Private.
About
Lily AI is a product intelligence platform founded in 2015 by Purva Gupta (CEO) and Sowmiya Chocka Narayanan, headquartered in Mountain View, California. The company uses AI to automatically generate rich, consumer-centric product attributes for retail catalogs across fashion, home, and beauty verticals, transforming merchant-speak descriptions into the language customers actually use when searching.
Squarespace was taken private by Permira in a $7.2B deal in October 2024 and is scaling AI-powered site building tools targeting creative entrepreneurs and SMBs.
About
Squarespace was founded in 2003 by Anthony Casalena as a college dorm-room project and grew into one of the leading all-in-one website building and commerce platforms, going public on the NYSE in 2021. In October 2024, European private equity firm Permira completed an acquisition valuing the company at approximately $7.2 billion, taking it private with Casalena retaining a substantial equity stake and continuing as CEO and Board Chairman. The platform powers websites for millions of users in over 200 countries and territories, with annual recurring revenue reaching approximately $1.4 billion by end of 2025, primarily from subscription plans for its Presence (website hosting) and Commerce segments.
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