Searchspring appoints Alex Kombos as new CEO
Searchspring, a global leader in site search, product merchandising, and ecommerce personalization, has announced that Alex Kombos has been appointed as its new CEO. Alex will lead Searchspring in its next stage of growth as the company continues to expand globally and build out its site search and personalization features. With over 25 years of experience of building and leading ecommerce and SaaS-based companies, Alex will aid in propelling Searchspring forward so it can continue to provide the ultimate shopper experience.
"Searchspring has delivered personalized, relevant ecommerce search experiences for over 15 years. It has become one of the industry leaders through product growth and international expansion," said Alex Kombos, CEO, Searchspring. "I am honored to lead this company with its experienced team and technology, in pursuit of its next chapter of growth."
Kombos has over 25 years of experience building and leading ecommerce and SaaS-based companies. Kombos is a seasoned entrepreneur and executive, having served as CEO at Pressable, part of Automattic, where he led the WordPress and WooCommerce hosting provider in redefining its go-to-market strategy, launching strategic new offerings, and building a world-class team to scale the company's growth. Similar experiences in SaaS and ecommerce include Onoxa, InternetQ, and MusicNow. Kombos's experience will help guide Searchspring through its next stage of growth, continuing to build its arsenal of intelligent site search, merchandising, and personalization features and expanding globally.
This news comes six months after Searchspring announced a strategic growth investment from PSG, a leading growth equity firm, partnering with software and technology-enabled services companies to help accelerate their growth.
"I was impressed by Alex's experience delivering value to customers," said Kurien Jacob, executive chairman of the board at Searchspring. "The company has achieved strong growth and the combination of Alex's passion and experience can steer Searchspring into the future."
Over the past three years, Searchspring has seen revenue rapidly grow, earning the company a spot on the 2021 and 2022 Inc. 5000 list of the fastest growing companies in America. With over 30 billion search requests in 2022, representing a triple-digit growth in search requests year-over-year, Searchspring has historically helped its clients drive over four times the average revenue on their ecommerce sites.
Searchspring aims to deliver the ultimate shopping experience. As a global provider of search, merchandising, and personalization platform built exclusively for ecommerce, Searchspring enables brands to get the right product, to the right person, at the right time. With Searchspring, customers such as Chubbies, Pura Vida, Moen, Fabletics, Peets Coffee, SKIMS, West Elm, Specialized, Wildfang, Ripcurl, 2XU, and St. Frock are increasing cart size, conversion, and repeat customers. Founded in 2007, Searchspring has offices in San Antonio, Denver, Colorado Springs, Portland, Toronto, Krakow, and Sydney. Learn how Searchspring is helping ecommerce businesses thrive at searchspring.com.
PSG is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities, and build strong teams. Having backed more than 115 companies and facilitated over 420 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology, and a firm commitment to collaborating with management teams. Founded in 2014, PSG operates out of offices in Boston, Kansas City, London, Paris, Madrid, and Tel-Aviv. To learn more about PSG, visit www.psgequity.com.