The money will be used both for marketing and sales, and team expansion and ongoing improvement of its solutions.
At present, the startup has 20 clients, 15 pilot-projects underway and another 35 opportunities in the pipeline.
“The short-term strategy is to scale up in Europe and for the long term, after raising new funding in 2026, we’ll have to tap into the US and Asia markets, maybe even the Middle East and Afrida depending on opportunities,” stated Matei Stratan, founder and CEO of Ogre AI.
He added that for 2024 the company aims to reach 25-30 clients.
For the current year, the startup expects to reach RON3 million revenues, ten times higher than in 2023.
(English version by Catalina Apostoiu)