Accurat.ai funding news – Ghent-based Accurat.ai Raises €1Million in Funding
Aug 13, 2024 | By Team SR
Accurat.ai, a data-driven software company, raises €1 million to expand its location-based market research operations throughout Europe. The company collects and interprets GDPR data for retailers. The company intends to enter the German market first, building a strong base in the Belgian and Dutch sectors.
SUMMARY
- Accurat.ai, a data-driven software company, raises €1 million to expand its location-based market research operations throughout Europe. The company collects and interprets GDPR data for retailers.
- A little more than three years ago, Steven Van Canneyt and Bart Muskala created Accurat.ai with the conviction that insights derived from real-world behaviour held immense promise.
Retail entrepreneur Jonas Deprez, investors PMV, Angelwise, and Lorenz Bogaert and Toon Coppens from Ghent participated in the round. Bart Putteman, COO of Accurat.ai, contributed to this round as well.
Accurat.ai mentions in a LinkedIn post, “We want to thank our investors, partners, and the Accurat team for their undying support and dedication. Together, we’re transforming the retail landscape with a new technology that combines location data insights and real-time retail market intelligence.”
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Co-founder Muskala, says, “We’re really proud of our sub-zero churn rate. All of last year’s customers remain on board and are demanding extra services. Due to the scale up of our sales efforts, we’re signing up new clients regularly.”
The company is expanding its reach and has joined the Cube and Esomar communities. It also wants to deliver presentations at important industry events. These developments are made possible by new marketing methods and recent funding.
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In response to increased demand in its products, Accurat.ai, which is now operating in the Benelux region, is getting ready to expand into Germany and France. The company's primary goal is to expand into new European markets, and it is investing a large amount of money to make this happen.
About Accurat.ai
A little more than three years ago, Steven Van Canneyt and Bart Muskala created Accurat.ai with the conviction that insights derived from real-world behaviour held immense promise. The location intelligence startup Accurat.ai provides media companies like Clear Channel and big retail brands like Ahold Group, Lidl, and Aldi with actionable analytics. Co-developed with early clients, the platform facilitates quicker, evidence-based decision-making for brands.