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Berlin-based Frontnow raises €3.8 million to hyper-personalise the B2B e-commerce experience

1 mins

Alina  Chernomorets

Published by: Alina Chernomorets

21 March 2024, 07:42PM

In Brief

Frontnow, an AI solutions startup for e-commerce, secured €3.8 million in seed funding led by Peak, PROfounders Capital, and Identity Ventures.

The funding will be used for technological development and sales expansion efforts, focusing on sustainable growth and customer value.

Frontnow offers B2B SaaS solutions, including the Frontnow Advisor virtual shopping assistant, enhancing online shopping experiences with personalized advice and recommendations in multiple languages.

Frontnow's second product, Frontnow Enhance, improves SEO rankings and revenue by optimizing product descriptions in online stores.

Peak and Identity Ventures praised Frontnow's advanced AI solutions, highlighting its potential for long-term growth and competitiveness in the industry.

Berlin-based Frontnow raises €3.8 million to hyper-personalise the B2B e-commerce experience

Frontnow, a startup specializing in AI solutions for e-commerce, has announced the completion of its extended seed funding round, raising €3.8 million led by Peak, with support from PROfounders Capital and Identity Ventures. The funding will drive further technological development and sales expansion efforts.

According to Marc Funk, Founder and CEO of Frontnow, the partnership with Peak, PROfounders, and Identity Ventures is pivotal in extending their leadership and setting new standards in the industry. The focus remains on sustainable growth and delivering customer value.

Established in 2020, Frontnow offers scalable B2B SaaS solutions that enable enterprises to engage with their target audiences in a hyper-personalized manner through its virtual shopping assistant called Frontnow Advisor. This AI-powered tool enhances the online shopping experience by providing tailored advice, personalized recommendations, and engaging interactions in 117 languages, 24/7.

Frontnow's second product, Frontnow Enhance, optimizes product descriptions in online stores to improve SEO rankings, drive traffic, and boost revenue. Johan van Mil from Peak praised Frontnow for its advanced AI solutions, while Til Klein from Identity Ventures highlighted the company's potential for long-term growth and competitiveness.

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