Product Fruits, a Prague, Czech Republic-based AI-driven digital adoption platform (DAP), has closed €1.47 million in funding, bringing its total raised to €3.22 million.
Investors
The round was led by Reflex Capital, with participation from previous seed-round backers Lighthouse Ventures, LVRG, and Venture to Future Fund.
Founded in 2012, Reflex Capital is a venture capital firm headquartered in Prague, Czech Republic. The firm seeks to invest in early-stage companies operating in the software sector.
Product Fruits Use of Funds
The company will utilize the funding to further develop its AI capabilities, expand its staff by at least ten people, and enhance its market reach, particularly in the U.S. and European markets.
About Product Fruits
Product Fruits is an AI-driven digital adoption platform (DAP) designed to enhance user onboarding and engagement for websites and applications. The company helps product managers create effective and engaging onboarding flows and user interactions without the need for coding. Product Fruits integrates seamlessly into various platforms, offering tools such as product walkthroughs, support buttons, feedback widgets, and knowledge databases. The company serves a diverse clientele, including SMEs and large enterprises such as Sanofi, Rakuten, and Mango.
Funding Details
Company: Product Fruits s.r.o.
Raised: €1.47M
Round: Unknown
Funding Month: May 2024
Lead Investors: Reflex Capital
Additional Investors: Lighthouse Ventures, LVRG, Venture to Future Fund
Company Website: https://productfruits.com/
Software Category: User Onboarding
Source: https://www.eu-startups.com/2024/05/prague-based-product-fruits-secures-e1-47-million-to-grow-its-ai-driven-digital-adoption-platform/