# ChatGrape

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chatgrape

- Industry: Software
- Headquarters: Vienna, Austria
- Website: www.chatgrape.com
- Total disclosed funding: $1.3M
- Latest round: Seed (Jan 20, 2014)
- Investors on record: 2

## About

ChatGrape is a technology-oriented company that enhances operational efficiencies for businesses through a comprehensive suite of integrated software solutions, including project management and customer relationship management tools.Founded in 2014 in Vienna, Austria, ChatGrape specializes in providing software solutions aimed at improving workflow and client engagement. The company has undergone no known pivots in its business model. Felix Häusler, who has a background in tech entrepreneurship, serves as the CEO. ChatGrape has successfully completed 2 funding deals, with the latest being a Seed round in April 2015, where they raised USD 1.30 mn led by Betaworks Ventures Management, bringing their total amount raised to USD 1.30 mn.ChatGrape offers a suite of technology-driven software solutions that enhance operational efficiencies for businesses in various sectors. Their core products include an integrated platform for project management, customer relationship management (CRM), and analytics tools. These offerings are designed for both small and medium-sized enterprises (SMEs) and larger corporations, addressing challenges in workflow optimization, data management, and customer engagement. The company's solutions are widely used in sectors like retail, healthcare, and professional services, catering to a diverse client base across North America, Europe, and parts of Asia.ChatGrape generates its revenue primarily through a subscription model, with clients paying for access to its software solutions based on a tiered pricing system. Revenue is derived from annual contracts, allowing businesses to scale usage while benefiting from ongoing support and updates. Additionally, ChatGrape partners with resellers and value-added distributors to expand market reach. Their flagship products, including project management and CRM tools, are significant contributors to their revenue stream, reflecting the demand and adoption in the market.Looking ahead, ChatGrape plans to launch new products designed to further enhance operational efficiencies in 2023. The company also aims to expand into new geographic markets, specifically targeting regions in Asia and North America by 2024. The recent funding from the Seed round will be utilized to support these initiatives, as well as to enhance product development and marketing efforts. Additionally, in April 2015, Zynga founder Mark Pincus invested an undisclosed sum in ChatGrape, which is expected to bolster their growth strategy.

## Funding rounds

- Seed, Jan 20, 2014, $1.3M — Betaworks Ventures Management, Austrian Research Promotion Agency

## Investors

- Betaworks Ventures Management (https://capitalatlas.ai/funds/betaworks-ventures-management) — Seed
- Austrian Research Promotion Agency — Seed