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Copenhagen-based Go Autonomous gets €10 million Series A to accelerate adoption of autonomous commerce

Feb 14, 2024over 1 year ago

Amount Raised

$10 Million

Round Type

series a

CopenhagenSoftware Development

Investors

42 CapEifoRidge VenturesOctopus Ventures

Description

Go Autonomous announced a €10 million Series A funding round led by Octopus Ventures and Ridge Ventures, with participation from existing investors EIFO and 42Cap. This latest investment marks a significant milestone in the company’s journey, further reinforcing its position as a game-changer in the B2B digital commerce space.

Company Information

Company

Go Autonomous

Location

Copenhagen, Capital Region Of Denmark, Denmark

About

B2B commerce, simplified. The fastest way for companies to digitize manual quotes and orders. Essentially, we are making it easier for companies to communicate with each other in real-time, whether in the form of an email, PDFs, images, or other sources. Our vision and NLP model Saga extract the requested services or products, inject them directly into the company ERP, thereby removing the need for CSRs and salespeople to manually handle vast amounts of, e.g., quotes and orders.

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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
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech