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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, 2024over 1 year ago

Amount Raised

€3.8 Million

Round Type

seed

BerlinSaasArtificial IntelligenceE Commerce

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.

Company Information

Company

Frontnow

Location

Berlin, Berlin, Germany

About

Frontnow is a Berlin-based startup providing scalable AI solutions for e-commerce, specializing in hyper-personalised B2B SaaS products.

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

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