Frontnow, a Berlin, Germany-based tech startup specializing in AI solutions for online retailers, has raised €3.8 million in an extended Seed financing round.
SaaS Investors
The round was led by Peak with participation from PROfounders Capital and Identity Ventures.
Founded in 2007, Peak is a venture capital firm based in Amsterdam, Netherlands. The firm seeks to invest in early-stage software-as-a-service, marketplaces, and platform companies with a focus on the Nordics, DACH, and Benelux.
Frontnow Use of Funds
The company will use the funding to fuel further technological advancement and sales expansion.
About Frontnow
Founded in 2020 by Marc Funk, Cedric May, and Bernhard Lihotzky, Frontnow is a company that offers scalable B2B SaaS solutions empowering enterprise clients to engage with their audiences in a novel, hyper-personalized, and on-demand manner. Its solutions are designed to enhance pre-sales, increase conversion rates, and boost customer engagement by transforming the customer journey with an AI-powered assistant.
Funding Details
Company: Frontnow GmbH
Raised: €3.8M
Round: Seed Round Extension
Funding Month: March 2024
Lead Investors: Peak
Additional Investors: PROfounders Capital and Identity Ventures
Company Website: https://frontnow.com/
Software Category: E-commerce
Source: https://www.eu-startups.com/2024/03/berlin-based-frontnow-raises-e3-8-million-to-hyper-personalise-the-b2b-e-commerce-experience/