Quick Take
Mohawk Group (MWK) has filed to raise gross proceeds of $57.5 million from a U.S. IPO, according to an S-1 registration statement.
The firm is a brand incubator for technology-enabled consumer goods.
MWK uses its proprietary intelligence technology to optimize its product development and marketing decision process.
Company & Technology
New York-based Mohawk was founded in 2014 to utilize AI and machine learning technology for the identification, incubation and autonomous marketing of brands in the consumer-packaged goods [CPG] sector.
Management is headed by President, CEO and Director Yaniv Sarig,