Caplena, a Zurich, Switzerland-based AI-powered text analytics SaaS for customer feedback, announced that it closed its seed financing round. This 7-figure seed money brings the company's valuation to 10 million.
As Caplena switches from bootstrapping to a funded startup, it will utilize the invested money to fuel its sales and marketing efforts, further mature the product, and expand its core technology.
Company: Caplena AG
Round: Seed Round
Funding Month: March 2022
Lead Investors: Undisclosed
Company Website: https://caplena.com/
Software Category: AI-powered text analytics SaaS
About the Company: Caplena is a Swiss Software-as-a-Service Startup founded by Maurice and Pascal, two AI experts and graduates of ETH Zürich. The two co-founders realized the market potential of their developed algorithm after being approached by leading market research companies. Caplena uses AI to drastically reduce the amount of time it takes to analyze large amounts of free text from reviews or responses to open-ended questions. Within minutes Caplena identifies topics and auto-tags large datasets, freeing users from repetitive categorization. The software allows its customers to focus on what truly matters - producing deeper and more meaningful insights. Caplena is an ETH spinoff and winner of the newcomer of the year award in market research technology. At present, Caplena employs 10 people and continues to hire at a rapid pace for both remote and in-person positions and is actively used by 100 customers in 15 countries around the globe, and has been able to double its customer base every year.