[Funding alert] Georgian Martech Startup STORI Secures $500,000 in a Pre-Seed Round Funding

Wednesday 7, 2024 | By Startup Rise EU

Georgian martech startup STORI secures $500,000 in a pre-seed round funding. The technological accelerator fund 500 Global led this round, and a number of angel investors also took part.

Georgian martech startup STORI secures $500,000 in a pre-seed round funding. The technological accelerator fund 500 Global led this round, and a number of angel investors also took part.

This will allow STORI to keep expanding its ecosystem of tools for brand and content development, which let marketing teams and agencies easily build distinctive social media posts and comprehensive brand identities.

Read also - British Biotech FA Bio Raises €6.1 Million in Funding

Quality content alone won't be enough to reach social media's large audiences; you also need to know when to post, which platforms to use, and what hashtags to employ. Not surprisingly, 24% of marketers claim to have difficulty producing content that generates leads.

This issue is resolved by STORI's algorithms, which analyze every post and tailor content creation for every user. With the support of the funds, STORI will be able to expand its own marketing initiatives and better inform teams about the advantages of its cutting-edge technologies.

Read also - Dutch AI Startup Whispp Secures €750k in Seed Funding

The firm, which has maintained a 20 percent month-over-month user increase since its launch in 2023, has seen a period of tremendous expansion culminating in this fundraising round.

Sandro Okropiridze, CEO of STORI shared: “Marketers must juggle multiple jobs — strategising, copywriting, designing, analysing, and outreach. All the while, those at larger organisations find themselves siloed, resulting in poor collaboration and inconsistent results that often undo all their hard work. While many sectors are concerned about the impacts of automation, marketing is one profession where the help it offers is welcomed with open arms. At STORI, we’ve created a platform where agencies and marketing teams can deploy AI to lighten the workload without compromising the quality or consistency of their branding and content. But there’s still so much more potential and this funding will ensure we can continue to develop new, game-changing tools for our growing community.”

About STORI

At STORI AI, their mission is to enable any team, creative, and product maker to rise above the limitations of conventional branding and marketing by allowing them to carve out their own distinct route in the digital world and speak up for themselves.

Read also - Lyon-based ENYO Pharma Secures a €39 Million in Series C Round Funding

Recommended Stories for You

story
News

German-based Octomind Secures $4.8 Million in Seed Funding

Startup Rise EU Tuesday 23, 2024

story
News

Dublin-based SynOx Therapeutics Secures $75Million in Series B Round Funding

Startup Rise EU Tuesday 23, 2024

story
News

Paris-based Zefir Secures €11Million in Funding

Startup Rise EU Tuesday 23, 2024

story
News

Helsinki-based HappySignals Secures €12 Million in Funding

Startup Rise EU Tuesday 23, 2024

story
News

Italian-based Lithium Lasers Secures €2 Million in Funding

Startup Rise EU Monday 22, 2024

story
News

[Funding alert] Munich-based Smart Reporting Secures €23 Million in Series C Round Funding

Startup Rise EU Monday 22, 2024