YouScan, a Kyiv, Ukraine-based social media listening and image recognition platform, announced that it raised $2 million (approximately €1.98M) in a follow-on funding round from Kinnevik AB and VNV Global AB.
The proceeds from this round will help it to accelerate its growth and further develop its product.
Company: YouScan Limited
Funding Month: July 2022
Lead Investors: Kinnevik AB and VNV Global AB
Company Website: https://youscan.io/
Software Category: AI-powered social media listening platform
About the Company: Founded in 2009 by Alex Orap, YouScan is an AI-powered social media listening platform with image recognition capabilities. It serves over 600+ customers worldwide, including well-known consumer brands and agencies such as Nestle, L’Oreal, Chanel, PepsiCo, Coca-Cola, Michelin, Samsung, and McDonald’s, among others. Besides analytics from an enterprise-class SML platform, YouScan also features Aina. This virtual AI-powered data analyst automatically delivers vital insights and alerts about customers’ brand discussions on social media. The YouScan platform also provides image recognition capabilities, called Visual Insights. They include brand logo detection, scenes, objects, activities, persons, and other photo contents analysis and reporting.