DinMo, a Paris, France-based SaaS startup that helps marketers leverage their customer data autonomously wherever they want without code, secured €1.6 million pre-seed round to accelerate product development.
The round was led by Seedcamp, with participation from Kima Ventures, Motier Ventures, and Financière Saint James and business angels including Amirhossein Malekzadeh (cofounder of Logmatic) and Stéphane Levy (Founder and President of Labelium).
With this fundraising, the DinMo team plans to accelerate its product development by hiring more engineers within the product team.
Founder and CEO Oussama Ghanmi: “We are on a mission to democratize data access and usage for business users so they can help their companies perform better. To prove our product market fit, we decided to start by creating the most flexible and easy-to-use tool to manage and activate customer audiences for marketing teams.”
The SaaS solution leverages companies’ data warehouse as the data source to bypass data integration complexity and privacy issues.
DinMo launched publicly in early September and has several customers using their product, such as the public French real estate company Nexity or the French VOD company Salto.
Company: DinMo
Raised: €1.6M
Round: pre-Seed
Funding Month: November 2022
Lead Investors: Seedcamp
Additional Investors: Kima Ventures, Motier Ventures, Financière Saint James, Amirhossein Malekzadeh and Stéphane Levy
Company Website: https://www.dinmo.io/
Software Category: Marketing Software
About the Company: DinMo was founded in 2022 by Oussama Ghanmi, to help marketing teams access and use their first-party data, without the need for technical know-how or coding. DinMo helps marketers leverage their customer data autonomously wherever they want without code. DinMo transforms all your customer touchpoints into high-value audiences and helps you leverage them in all your activation platforms without code or Engineering in less than 5 minutes. Its core mission is to democratize data access and usage for business users so they can help their companies perform better.
Source: https://www.eu-startups.com/2022/11/paris-based-dinmo-raises-e1-6-million-to-help-teams-get-more-value-from-customer-data/