Repsense, a Vilnius, Lithuania-based AI startup has recently secured €800,000 in fresh funding.
SaaS Investors
The round was led by existing investors Iron Wolf Capital, Coinvest Capital, and several angel investors, and it also saw the participation of Baltic Sandbox Ventures.
Founded in 2018, Iron Wolf Capital is a venture capital firm based in Vilnius, Lithuania. The firm seeks investments from seed to early stages. The firm prefers to invest in artificial intelligence, the internet of things, SaaS, deep-tech, fintech, and marketplace sectors companies based in the Baltics region.
CoInvest Capital is a corporate venture firm based in Vilnius, Lithuania. It invests in start-ups and companies undergoing business development and growth with groups of business angels. Founded in 2017, the firm seeks to invest in the consumer durables, mobile, and manufacturing sectors.
About Repsense
Founded in 2021 by Mykolas Katkus and Alfredas Chmieliauskas, Repsense is an analytics company that utilizes data science, field research, and machine learning to enhance the brand reputation of leading global businesses. Repsense aspires to create a global platform for public information analysis, and their "Adler model" offers text analysis with applications in various sectors, including business, public organizations, and state security, particularly in countering hostile propaganda and fake news. The Repsense Index helps clients assess their reputation quickly and compare it with competitors across different geographies and user intents.
Funding Details
Company: Repsense, UAB
Raised: €800K
Round: Pre-Seed
Funding Month: October 2023
Lead Investors: Iron Wolf Capital, Coinvest Capital
Additional Investors: Baltic Sandbox Ventures
Company Website: https://repsense.io/
Software Category: Reputation Management
Source: https://ain.capital/2023/10/30/repsense-secures-800k-in-funding/