Go Autonomous Secures €10 Million in Series A
Go Autonomous, a Copenhagen, Denamark-based AI-powered B2B commerce platform, secured €10 million in Series A funding.
Go Autonomous, a Copenhagen, Denamark-based AI-powered B2B commerce platform, secured €10 million in Series A funding.
SaaS Investors
The round was led by Octopus Ventures and Ridge Ventures, with participation from existing investors EIFO and 42Cap.
Octopus Ventures is a venture capital firm that offers support to companies at various stages of their journey, from idea conception to IPO. The firm prefers to invest in the United Kingdom and European-based companies. Founded in 2007, and is based in London, United Kingdom.
Founded in 2007, Ridge Ventures is a venture capital firm that prefers to make investments in the seed and Series A rounds. Based in San Francisco, California, the firm seeks to invest in the technology, enterprise, and consumer market sectors.
Go Autonomous Use of Funds
The company will use the funds to accelerate product adoption in Europe and the UK and pave the way for expansion into the USA. Go Autonomous aims to revolutionize B2B commerce by automating email-based transactions, saving time for customer service representatives, and providing analytical insights.
About Go Autonomous
Founded in 2020, Go Autonomous has developed an innovative AI-powered SaaS solution that identifies the intent of emails arriving in an inbox, extracts, and structures the necessary information, and connects it to enterprise systems in real-time. The company's platform utilizes artificial intelligence to help firms digitize and automate core sales processes and manage all the manual repetitive work. Notable customers include Grundfos and Saint-Gobain Distribution Denmark.
Funding Details
Company: Go Autonomous ApS
Raised: €10.0M
Round: Series A
Funding Month: February 2024
Lead Investors: Octopus Ventures and Ridge Ventures
Additional Investors: EIFO and 42Cap
Company Website: https://goautonomous.io/
Software Category: AI Commerce
