[Funding alert] Danish AI Startup Magic Feedback Secures €1.2 Million in Pre-Seed Funding
Dec 19, 2023 | By Startup Rise EU
Danish AI startup Magic Feedback secures €1.2 million in pre-seed funding. The financing was headed by Maki VC, with support from individual angel investors, including Humio co-founder and former CEO Geeta Schmidt.
Magic Feedback CEO and Co-Founder, Nima Vali Rajabi said, “Most product teams are doubling down on product discovery, making sure they understand their users’ problems and needs before building solutions, However, one thing that almost every product team struggles with is that no one has time to unify and make sense of all the feedback collected. Instead, feedback is scattered all over the place, slowing down decision-making and leading to solutions being built without key insights.”
RECOMMENDED FOR YOU
EthonAI funding news – Zurich-based EthonAI Secures €15.3 Million in Series A Round Funding
Startup Rise EU
May 31, 2024
Outward VC funding news – London-based Outward VC Secures €60.5 Million in Funding
Startup Rise EU
Sep 10, 2024
[Funding alert] Hamburg-based Infinite Roots Secures €53 Million in Series B Round Funding
Startup Rise EU
Jan 25, 2024
Organising and classifying user feedback is too time-consuming and costly for organisations that get an enormous amount of qualitative feedback from customers through support tickets, meeting notes, and product reviews.
Read also - Croatia-based Infobip Provides €1.8 Mn in Support to over 300 Startups Through its Flagship Programme
With Magic input, you can use artificial intelligence (AI) to automatically organise and categorise user input throughout all the platforms where it is saved. Magic Feedback additionally offers a single feedback platform.
Maria Westergaard, an early user and strong supporter of Magic Feedback’s vision, said: “Our feedback used to be scattered all over the place. Nobody had the full picture, and most of the feedback was inside someone’s head. With Magic Feedback, we got everything into one place and took control of our feedback. It has allowed me to explain exactly what users want, and the user stories help engineers understand exactly what to build.”
Schmidt commented, “ I’ve been closely following Magic Feedback since its inception, And by putting in the work and never compromising their vision, Nima and Fran have now positioned themselves to make a positive impact on every product on the internet.”
About Magic Feedback
Magic Feedback was established in 2023 with the intention of revolutionising the way product teams manage user input. Nima Vali Rajabi, the CEO, and Francisco Arias, the CTO, were two former Google workers. Bid farewell to the laborious process of gathering, sorting, and evaluating customer input by hand. Your whole feedback history is automatically collected, analysed, and arranged in one location with Magic Feedback.
Read also - London-based Clean energy Tech Company Octopus Energy Group Secures €800M in Funding
Recommended Stories for You
HERO Software funding news – Hannover-based HERO Software Sercures €40Million in a Series B Round Funding
Startup Rise EU Jul 12, 2024