Iterate.ai Raises $6.4 Million from Auxier Asset Management and eBags Board Alumni to Accelerate AI Expansion

Iterate.ai 从 Auxier 资产管理公司和 eBags 董事会校友那里筹集了 640 万美元，以加速人工智能扩展。

The strategic round led by Auxier Asset Management, with investments from former eBags board members Peter Cobb, Mike Edwards, and Dave Zentmyer, underscores strong confidence in Iterate’s enterprise-ready AI platform and growth vision

由Auxier Asset Management领投，前eBags董事会成员彼得·科布、迈克·爱德华兹和戴夫·岑特迈尔参投的战略轮融资，彰显了对Iterate企业级AI平台及其增长愿景的强烈信心。

SAN JOSE, Calif. and DENVER, June 12, 2025-- Iterate.ai, recently named one of the 20 Hottest AI Software Companies by CRN, has announced $6.4 million in funding led by Auxier Asset Management and with participation from Peter Cobb, Mike Edwards, and Dave Zentmyer. All four are former eBags board members..

加利福尼亚州圣何塞和丹佛，2025年6月12日——被CRN评为20家最热门人工智能软件公司之一的Iterate.ai近日宣布获得640万美元融资，由Auxier Asset Management领投，Peter Cobb、Mike Edwards和Dave Zentmyer参与投资。这四人均为前eBags董事会成员。

Jeff Auxier, founder of Auxier Asset Management, was a longtime board member at eBags, where he worked closely with Iterate.ai CEO Jon Nordmark. He’s joined by other eBags board veterans including Cobb (co-founder of eBags and Designer Brands (DSW) board director), Edwards (a seasoned retail executive and four-time CEO, including at eBags), and Zentmyer, former SVP of Lands’ End.

杰夫·奥克西尔（Jeff Auxier），奥克西尔资产管理公司创始人，曾长期担任eBags董事会成员，与Iterate.ai首席执行官乔恩·诺德马克（Jon Nordmark）密切合作。他还与其他eBags董事会资深成员共同加入，包括科布（eBags联合创始人兼设计师品牌DSW董事会董事）、爱德华兹（资深零售业高管，四度担任CEO，包括在eBags的任职经历），以及前Lands’ End高级副总裁津特迈尔（Zentmyer）。

Their collective involvement signals a powerful vote of confidence in Iterate’s AI growth journey as it expands distribution channels and introduces its key productivity solution, Generate Enterprise..

他们的集体参与标志着对Iterate的AI增长旅程投下了强有力的信任票，因为它正在拓展分销渠道，并推出其关键生产力解决方案Generate Enterprise。

The investors’ decision to collaborate once again with Nordmark and his CDTO/co-founder Brian Sathianathan reflects the strong trust and mutual respect established during their successful tenure together at eBags, which sold $1.65 billion worth of travel products before it was acquired.

投资者决定再次与诺德马克及其CDTO/联合创始人布莱恩·萨蒂亚纳桑合作，这反映了他们在eBags成功任职期间建立的深厚信任与相互尊重，eBags在被收购前曾售出价值16.5亿美元的旅行产品。

Before co-founding Iterate.ai with Sathianathan—who was a six-year member of Apple’s 60-person Secret Products Group that developed the first iPhone and is a patent holder on that groundbreaking product—Nordmark co-founded eBags in 1998 with Cobb. Cobb brings extensive experience scaling successful digital pure-play businesses, co-founding eBags (acquired by Samsonite) and 6pm.com (acquired by Zappos).

在与萨西亚纳坦共同创立Iterate.ai之前——萨西亚纳坦曾是苹果60人秘密产品组的六年成员，该团队开发了首款iPhone，并且他是这一突破性产品的专利持有者——诺德马克于1998年与科布共同创立了eBags。科布在扩展成功的纯数字业务方面拥有丰富经验，他共同创立了eBags（被新秀丽收购）和6pm.com（被Zappos收购）。

He has served on the boards of publicly traded companies such as Designer Brands (DSW), and spent a decade as board director for the National Retail Federation and its digital predecessor, Shop.org..

他曾在公开上市的公司董事会任职，例如 Designer Brands（DSW），并作为全国零售联合会及其数字化前身 Shop.org 的董事会成员长达十年。

“Iterate.ai’s approach to AI innovation is not only forward-thinking but also pragmatic, ensuring real-world application and success for enterprises,” said Cobb. “Look at how Iterate partnered with Intel to pioneer AI inference processing using CPUs on the Edge.” The company’s method of building technologies recently earned it a spot in Fast Company’s Best Workplaces for Innovators and recognition from the Colorado Technology Association as Colorado’s top technology company..

“Iterate.ai 的人工智能创新方法不仅具有前瞻性，而且非常务实，确保了企业能够实现实际应用并取得成功，”科布说道。“看看 Iterate 如何与英特尔合作，率先在边缘使用 CPU 进行 AI 推理处理。”该公司构建技术的方法最近为其赢得了《Fast Company》最佳创新工作场所的席位，并获得了科罗拉多技术协会的认可，被评为科罗拉多州顶尖的技术公司。

Edwards is a seasoned CEO and board chairman with over 35 years of leadership experience spanning public and private companies across industries such as digital commerce, consumer-tech AI, and CPG brands. A trusted investor and independent director with SEC financial expertise, he brings a wealth of strategic insight.

爱德华兹是一位资深的首席执行官和董事会主席，拥有超过35年的领导经验，横跨公共和私人公司，涵盖数字商务、消费科技人工智能和快速消费品品牌等多个行业。作为一名值得信赖的投资者和具有SEC财务专业知识的独立董事，他带来了丰富的战略洞察力。

His leadership roles include CEO of eBags (following Nordmark), as well as Lucy (acquired by VF), Hanna Andersson, and Borders, where he was appointed by Ben Lebow and Bill Ackman. Earlier in his career, Edwards served as EVP at Staples and CompUSA, following his graduation from Drexel University, where he is now a trustee..

他的领导角色包括担任eBags的首席执行官（接任Nordmark），以及Lucy（被VF收购）、Hanna Andersson和Borders的首席执行官，他是由Ben Lebow和Bill Ackman任命的。在他的职业生涯早期，Edwards在从德雷塞尔大学毕业后曾担任Staples和CompUSA的执行副总裁，他现在是该大学的理事。

“Iterate.ai recognized the transformational opportunity of AI in 2015 when it added the dot AI to its name, and customers like Ulta Beauty and Pampered Chef have been benefiting from Iterate’s cutting-edge technology for years,” said Edwards, strategic investor, Iterate.ai. “This is an incredibly smart team with a clear vision for how businesses can adopt next-gen AI effectively and securely—while outpacing and outmaneuvering competitors with innovative applications.

“Iterate.ai在2015年将AI加入其名称时就认识到了人工智能的转型机遇，像Ulta Beauty和Pampered Chef这样的客户多年来一直受益于Iterate的尖端技术，”Iterate.ai战略投资者爱德华兹表示。“这是一个非常聪明的团队，对企业如何有效且安全地采用下一代人工智能有着清晰的愿景——同时通过创新应用超越并胜过竞争对手。

I’m excited to help Iterate write the next chapter in the company’s story.”.

“我非常高兴能够帮助Iterate公司谱写其故事的下一篇章。”

Zentmyer—a former SVP of Lands’ End—helped build that company’s revenues from $10 million to a few billion after earning his MBA from Stanford University. “Iterate spent the past 18 months establishing partnerships with hardware providers like NVIDIA, Qualcomm, Intel, and distributors/resellers like TD SYNNEX that will help Iterate architect a rollout at scale,” said Zentmyer.

赞特迈尔曾在 Lands’ End 担任高级副总裁，他在斯坦福大学获得工商管理硕士学位后，帮助公司将收入从 1000 万美元增长到几十亿美元。“过去 18 个月，Iterate 一直在与 NVIDIA、Qualcomm、Intel 等硬件供应商以及 TD SYNNEX 等分销商/经销商建立合作伙伴关系，这些合作将帮助 Iterate 实现大规模的推广架构，”赞特迈尔说道。

“Building those partnerships is a tremendous feat because each of those Big Tech firms has a significant vetting process.”.

“建立这些合作伙伴关系是一项巨大的成就，因为每家大型科技公司都有重要的审查程序。”

With their track records, Auxier, Cobb, Edwards, and Zentmyer are well-positioned to offer valuable guidance and help Iterate.ai refine operational strategies, expand into new channels, and unlock the vast market potential of its patented solutions—further strengthening its presence in key industry verticals..

凭借他们的业绩记录，奥克西尔、科布、爱德华兹和曾迈尔有能力提供宝贵的指导，帮助 Iterate.ai 完善运营策略、拓展新渠道，并充分释放其专利解决方案的巨大市场潜力，进一步巩固其在关键行业垂直领域的地位。

“This AI PC revolution is underway—analysts project over 100 million AI PCs will ship by 2025—and we’ve meticulously optimized Generate across Intel’s CPUs, GPUs, and NPUs to harness that on-device performance and efficiency,” said Sathianathan. “At the same time, we’re evolving Generate Enterprise into a unified, one-stop platform for agent building with a no-code interface and air-gapped, secure document RAG—complete with built-in vector databases and seamless integration into large-scale enterprise storage environments.”.

“这场人工智能个人电脑革命正在进行中——分析师预测，到2025年将有超过1亿台人工智能个人电脑出货——我们已经精心优化了英特尔的CPU、GPU和NPU上的生成性能，以利用设备上的性能和效率，”萨西亚纳坦表示。“同时，我们正在将生成企业版发展成一个统一的一站式代理构建平台，拥有无代码界面和气隙隔离、安全文档RAG——内置矢量数据库，并能无缝集成到大规模企业存储环境中。”

Iterate.ai offers an AI platform and four distinct AI products, including its newest product, Generate. Generate is an AI Assistant that can run entirely on an AI PC, even without an internet connection.

Iterate.ai 提供了一个 AI 平台和四个不同的 AI 产品，其中包括其最新产品 Generate。Generate 是一款 AI 助手，可以完全在 AI PC 上运行，甚至无需互联网连接。

Iterate’s low-code AI platform, Interplay, empowers traditional enterprises and Big Tech to rapidly build and scale AI solutions. With Interplay, Iterate creates its own innovative products, like Generate. Leading companies, including Ulta Beauty, Circle K, Hughes, FUJIFILM, MUFG, e.l.f. Cosmetics and Pampered Chef, leverage Interplay to enhance operational efficiency, develop custom AI-powered social media managers, implement deep-learning-based OCR, and tackle many other advanced AI initiatives..

Iterate的低代码人工智能平台Interplay，助力传统企业和大型科技公司快速构建和扩展AI解决方案。通过Interplay，Iterate创建了自己的创新产品，如Generate。包括Ulta Beauty、Circle K、Hughes、富士胶片、三菱日联金融集团、e.l.f.化妆品和Pampered Chef在内的领先企业利用Interplay提升运营效率、开发定制的AI驱动社交媒体管理工具、实施基于深度学习的OCR，并开展许多其他先进的人工智能项目。

“I’ve known each of these leaders for at least twenty years. Each brings a wealth of practical experience and strategic insight to fuel Iterate’s growth,” said Nordmark. “We couldn’t be more excited to welcome Mike, Dave, Peter, and the Auxier group as investors and strategic advisors.”

“我认识其中的每一位领导者至少已有二十年。他们每一位都带来了丰富的实践经验和战略洞察力，这将推动Iterate的发展。”Nordmark说道，“我们非常兴奋地欢迎迈克、戴夫、彼得以及Auxier集团成为我们的投资者和战略顾问。”

About Iterate.ai

关于Iterate.ai

Iterate.ai is at the forefront of empowering businesses with state-of-the-art AI solutions, like Generate and its AI low-code platform, Interplay. Interplay is cloud-agnostic and can run AI on the edge and in secure private environments. With seven patents granted (including “drag-and-drop AI”) and nearly a dozen more pending, Iterate.ai’s platform offers corporate innovators a low-risk, systematic way to scale in-house, near-term digital innovation initiatives.

Iterate.ai 致力于通过先进的 AI 解决方案（如 Generate 及其低代码 AI 平台 Interplay）赋能企业。Interplay 不依赖特定云平台，能够在边缘设备和安全的私有环境中运行 AI。凭借已授予的七项专利（包括“拖放式 AI”）以及近十项正在申请中的专利，Iterate.ai 的平台为企业创新者提供了一种低风险、系统化的方式，以扩展内部短期数字化创新项目。

With its largest offices in San Jose, CA and Denver, CO, Iterate.ai has a global presence with other offices in North America (Texas, Washington, Arizona), Europe (Stockholm), and Asia (India, Sri Lanka, Singapore)..

Iterate.ai 最大的办公室位于加利福尼亚州圣何塞和科罗拉多州丹佛，其在全球范围内设有其他办事处，分布在北美洲（德克萨斯州、华盛顿州、亚利桑那州）、欧洲（斯德哥尔摩）以及亚洲（印度、斯里兰卡、新加坡）。

Contact:

联系人：

Kyle Peterson

凯尔·彼得森

kyle@clementpeterson.com

凯尔@clementpeterson.com