Investment firm, L Catterton, has announced an investment in Glance, an AI powered personal shopping platform backed by InMobi. Terms of the transaction were not disclosed.

Using agentic AI technology, Glance can understand consumers’ interests and preferences and introduce them to relevant products, including possibilities they may not have considered on their own. The platform is integrated across smartphones, connected TVs, and other digital environments.

L Catterton’s investment in Glance builds on the firm’s research into evolving consumer behaviours and preferences, including the growing role of AI in product discovery, consideration, and purchasing. It says it will leverage its consumer and category expertise, operating capabilities, and global network to support Glance's continued expansion, with a particular focus on the US.

“Agentic commerce is fundamentally changing how consumers discover and shop for products, creating significant opportunities for brands that can make the journey more personal, intuitive, and engaging,” says Scott Dahnke, Global CEO at L Catterton.

“Glance is uniquely positioned to capitalise on this evolution, combining a differentiated consumer proposition with broad distribution across the screens where people spend their time. We look forward to bringing our deep consumer expertise, operating capabilities, and global network to our partnership with Glance as the company realises its significant growth potential.”

Through partnerships with Samsung and DIRECTV, Glance is available on millions of devices across the US.

“L Catterton is one of the most respected investment firms in the consumer space, with an extraordinary track record of identifying and building category-defining brands,” says Naveen Tewari, Founder and CEO at InMobi and Glance. “Their decision to back Glance is a validation of the shopping model we’ve created and our belief that the future of commerce will move beyond search toward agentic shopping.”

2026 RTIH Innovation Awards

AI will be a key focus area at the 2026 RTIH Innovation Awards.

The awards, which celebrate global retail technology innovation in a fast moving omnichannel world, have now closed for entries. Our winners will be revealed at the 2026 RTIH Innovation Awards Ceremony, taking place at The HAC in Central London on Wednesday, 4th November.

Check out our 2026 shortlists and finalists here.

We received a record number of entries this year and many fantastic examples of technology excellence driving transformative change across the global retail sector.

Congratulations to all those who made it through the initial submission process! It’s now over to our star studded judging panel who will decide the winners to be announced at the 2026 RTIH Innovation Awards Ceremony, taking place at The HAC in Central London. 

The event will be held on Wednesday, 4th November and consist of a drinks reception, three course meal, awards ceremony presided over by award winning stand-up comedian, presenter, actor and broadcaster, Aurie Styla, and after party until 1am.

Click here to book your place at the 2026 RTIH Innovation Awards Ceremony on Wednesday, 4th November.