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

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...
FinTech

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...
FinTech

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...
FinTech

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...