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Apify raises €2.8M in funding led by J&T Ventures and Reflex Capital to accelerate growth in AI data mining services and expand developer community.

Apr 15, 2024over 1 year ago

Amount Raised

€2.8 Million

Round Type

seed

PragueData MiningAnalytics

Investors

Reflex CapitalJ&T Ventures

Description

Prague-based startup Apify has secured €2.8 million in funding to accelerate growth, expand marketing, product development, and foster the growth of the developer community. The investment round was led by J&T Ventures and included participation from existing investor Reflex Capital.

Company Information

Company

Apify

Location

Prague, Prague, Czechia

About

Apify is a web data extraction platform that provides web scraping services, data mining tools, and an open marketplace with cloud-based programs. Founded in 2015, the Prague-based startup has achieved significant revenue and profit growth, serving clients like Siemens, Intercom, Microsoft, T-Mobile, and Accenture.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers