Sunday, December 15, 2024

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

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