RivalSense, a Riga, Latvia-based AI startup permitting customers to trace their rivals with AI, raised an undisclosed quantity in funding.
The spherical was led by Change Ventures with participation from Fiedler Capital and native enterprise angels.
The corporate intends to make use of the funds to scale consumer acquisition and introduce extra AI capabilities to uncover competitor insights.
Based by Martins Vaivars and Arturs Prieditis, RivalSense permits customers to trace their rivals with AI. Each week customers obtain an replace with competitor insights, together with modifications in pricing, product modifications, new hires, regulatory points, purchasers, suppliers, tech stack, regulatory challenges, media mentions, and company filings. The system at present depends on greater than 80 sources for his or her weekly updates, together with competitor web sites, social media accounts, monetary filings, and enterprise databases. RivalSense markets its product to founders of startups and mid-to-top degree executives in additional established firms.
FinSMEs
04/06/2024
