Frontnow raises €3.8 million in an extended seed financing round led by Peak, with participation from PROfounders Capital and Identity Ventures to further extend its technological lead and drive sales expansion.
Mar 12, 2024•over 1 year ago
Amount Raised
€3.8 Million
Round Type
seed
Investors
Identity VenturesPr Ofounders CapitalPeak
Description
Frontnow, a startup providing scalable AI solutions for e-commerce, announced the successful closing of its extended seed financing round to a total volume of €3.8 million led by Peak, with participation from PROfounders Capital, and Identity Ventures. The funding will be used to further extend the company’s technological lead while driving sales expansion.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers