Aqurate was co-founded in 2019 by Vlad Marincaș, Tudor Goicea, Lisardo Erman and Raul Mazilu, being valued at EUR4 million. Initially, it was launched as a Data Science and Machine Learning consultancy service provider and has successfully delivered projects for clients such as Imobiliare.ro, Lensa or HSNF in the UK.
The listing takes place on Wednesday, November 23, 2022.
The funding will be used for team growth and international development over the next two years. Aqurate has already raised EUR230,000 and the lead investor is Growceanu with an amount of EUR170,000.
Based on experience and demand for the same type of solutions, the company launched in June 2022 the Aqurate platform, which targets e-commerce customers.
Aqurate customers include Cupio, Lifebox, NeaKaisa, Dasha, BabyNeeds, HSNF.
“Since our launch in June 2022 we see a very good level of adoption, which gives us confidence that we are on the right track to creating relevant solutions for our customers. This funding round will help us further develop new products and expand internationally”, said Vlad Marincaș, CEO & co-founder Aqurate.
Aqurate offers three modules: Aqurate Insights – an analytics module which allows visualization of the most important online store performance indicators, Aqurate Recommendations – a personalized product recommendation module, and Aqurate Segmentation – helps to improve retention by segmenting customer behaviour for better communication.