FinTechFunding

Simporter: Raises $600K in Seed Funding

  • Simporter, an Atlanta, GA-based SaaS startup that uses Artificial Intelligence to predict consumer demand for new products, closed a $600k seed funding round
  • The round was led by Startup Wise Guys, with participation from angel investors from Denmark, Estonia, Japan, and other regions
  • Mitch Barns, former CEO of Nielsen Inc., also invested and joined Simporter’s advisory board
  • Led by Dillon Hall and Tim Hall, Simporter provides an AI software platform that predicts sales for consumer products before and after they go to market
  • Manufacturers and retailers use it to pinpoint which products consumers truly want and how often they’ll buy
  • The company is based in Atlanta, Georgia with its development team in Kyiv, Ukraine
Previous article
Amalgam Rx: Announces Acquisition of Avhana Health
Next article
DTCC: Identifies Key Priorities for Managing Risk in Post-Pandemic Environment
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

Deutsche Börse Invests in Kraken, Strengthening Crypto Market Position

The investment aims to enhance Kraken's offerings and expand market access.Highlights: Deutsche Börse invests in Kraken to boost...
FinTech

Monzo Strengthens Presence by Going Live in Ireland

UK-based digital bank Monzo expands offering to Irish customers.Highlights: Monzo has officially launched its banking services in Ireland.Irish...
FinTech

Monzo Launches its Services in Ireland to Strengthen Banking Options

UK challenger bank expands its reach into the Irish market.Highlights: Monzo begins operations in Ireland, offering a range...
FinTech

OpenAI Acquires Financial Planning App Hiro

The acquisition aims to enhance OpenAI's financial capabilities.Highlights: OpenAI has acquired Hiro, a financial planning application.The deal emphasizes...