DeepScout, a Czech AI startup, has secured €200,000 in fresh funding led by the startup studio Miton. The company aims to enhance e-commerce pricing and assortment strategies with its automated market intelligence platform, EU-Startups reports.
About DeepScout
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DeepScout, a Prague-based startup founded in 2023 by Jan Mittner, offers e-shops real-time market and competitor data at a lower cost than existing solutions. Its AI-powered platform automates product matching, price monitoring, and strategic recommendations, helping online retailers optimize their offerings.
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A key feature of DeepScout is its ability to match products from different sources without standard identifiers like EAN codes. Using AI/ML, the platform extracts, cleans, and matches data, even analyzing images to identify product similarities at scale.
Investment details
The round was led by the startup studio Miton, which invested €200,000 upfront with an option for an additional €400,000.
Miton is a startup studio based in the Czech Republic that focuses on creating and scaling tech startups. It's known for investing in and building innovative companies, often in the early stages. Its ticket size ranges from €300,000 to €2 million.
Although still in its early stages, DeepScout already has paying customers in Czechia and has started serving international clients. The startup plans to fine-tune its product locally before expanding further.
