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August 15, 2023

Outfindo Secures €900,000 Seed Funding to Elevate E-commerce Experience

Outfindo Raises €900K to boost R&D and expand powered shopping

In a noteworthy stride towards enhancing the e-commerce landscape, Czech startup Outfindo has recently achieved a significant feat by securing €900,000 in a Seed funding round. The infusion of funds is poised to propel the Prague-based e-commerce firm into accelerated Research and Development phase, marked by a keen emphasis on refining its product offerings and venturing into new verticals. This expansion will be complemented by robust go-to-market strategies, amplifying Outfindo's reach and impact.

Outfindo's unique solution operates at the convergence of artificial intelligence and e-commerce platforms. It intricately crafts shopping guides powered by AI, unraveling a personalized shopping experience for users. This inventive approach streamlines the shopping process and empowers users to pinpoint the precise products that harmonize with their preferences and requirements.

The recent funding round, spearheaded by Presto Ventures, exudes a shared vision of nurturing Outfindo's growth trajectory. The collaborative investment also features notable contributions from Patero and Longevity Fellows, emblematic of the collective confidence in the startup's potential to redefine e-commerce dynamics.

Jan Mateju, the co-founder and CEO at Outfindo, reflected on the genesis of their transformative venture. "In my journey, I've often lent a hand to friends and peers in selecting the perfect bicycle. Yet, when faced with the challenge of choosing more intricate products myself, I encountered a disconnect. The e-commerce realm has thrived in expansion and operations, inadvertently relegating the customer experience to the background," Jan Mateju shared in an exclusive conversation with The Recursive.

Neil Hodgson Coyle
Neil Hodgson-Coyle
Editorial chief at TechNews180
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