Quantia, a Poland-founded startup that helps boost sales for consumer brands with AI-driven recommendations, has secured $1.2 million in a pre-seed round led by Inovo VC and Team X. As Quantia informed AIN, it will use the funding for further product development and to facilitate further growth in Western Europe.
About Quantia
- Founded in 2023 by the solo founder Marta Lacka, Quantia helps brand managers boost product sales and data management productivity by providing them with up-to-date insights across all channels (online & offline), along with AI-driven actionable sales strategies. Quantia claims that its platform helps managers effortlessly assess their products’ standing in the market landscape and identify targeted actions to optimize sales potential.
- The system autonomously analyzes key attributes including product availability, pricing dynamics (both regular and promotional), stock levels, as well as volume and value sales data. Among its customers are Asahi Europe, Groupe SEB, Nespresso, and Procter & Gamble.
Marta Lacka, CEO & founder
Our platform dramatically accelerates the decision-making process for managers, enabling strategic planning in just 3-5 minutes— a task that typically takes about 10 working days when done manually. I firmly believe that both brands and retailers should have equal access to data olinn brand performance. This transparency helps them provide the best products for consumers and simultaneously drives category growth,
Marta Lacka, CEO & founder of Quantia, says.
Investment details
- The current round was led by the Polish private equity firm Inovo VC and Team X, a Dubai-based provider of cloud transportation software solutions.
- Several business angels also participated in the fresh, including Ariel Finkelstein, Dominique Locher, and Ben Lang.
The company will use the funding for further product development and to facilitate further growth in Western Europe, primarily in the UK, Nordics, Spain, and Germany.
Recently, Inovo VC acquired a significant minority stake in Dimark Manufacture S.A., a provider of proprietary industrial automation solutions. Read more about the deal below:
