Berlin: German market research startup Quantilope has announced an approximate €24.1 million Series B fundraising round, bringing its total amount raised to around €34.4 million.
The Series B investment was led by Digital+ Partners, with Silicon Valley Bank providing debt financing and with participation from quantilope’s existing investors at Dawn Capital, Senovo, and Surplus. The funds will be used to further expand quantilope’s offering in Europe and the US with a focus on growth in the American market. quantilope will also leverage the capital to further develop their technology through AI, automating additional research methodologies, and creating a greater emphasis on support, empowerment, and collaboration in the supplier/client relationship.
“The entire quantilope team is super excited to announce our Series B funding, a major step towards achieving and accelerating our mission to enable agile insights at a global scale,” explained quantilope CEO Peter Aschmoneit. “Now more than ever, we see the need for fast and deep consumer insights for brands to stay closely connected to their consumers radically changing motivations, needs, and behaviors. The future of insights is about speed, efficiency, high-quality data, and collaboration among teams. quantilope is leading the way.”