Quin AI raises £582k led by SFC Capital to expand predictive artificial intelligence software.
The London-based predictive intelligence startup secured the capital from backers including SFC Capital, NCA, Logo VC, and StartersHub to fund expansion in the UK and Germany.
Share allotment filed at Companies House
Quin AI provides predictive artificial intelligence software for e-commerce businesses to analyse customer behaviour and increase online sales.
London-based Quin AI has raised £582k in funding to expand its operations in the United Kingdom and Germany. The round was led by SFC Capital, with participation from NCA, Logo VC, and StartersHub.
The capital will also be allocated towards product development, including new artificial intelligence applications designed to improve online efficiency for e-commerce platforms of varying sizes. Quin AI develops machine learning tools that analyse user behaviour on websites in real-time without relying on third-party cookies.
Investor perspective
"Quin’s fast traction in building the technology is backed and validated by strong brands like Kingfisher’s subsidiary, Under Armour, and Decathlon as customers. Our investment into Quin AI shows our commitment to support scalable, hands-on solutions that drive direct revenue uplifts in the field of e-commerce. We as NCA are convinced by the huge market opportunity, the innovative product approach, and the superior founding team."
Thorsten Wittmuetz
Managing Partner, NCA
Use of funds
- 01Expand into international markets
- 02Continue product development
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