# Effex

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

- Industry: Software
- Headquarters: Leuven, Belgium
- Website: www.effex.app/
- Total disclosed funding: $1.8M
- Latest round: Seed (Jul 7, 2023)
- Investors on record: 4

## About

Founded in 2023 and based in Belgium, Effex operates as a software-based end-to-end platform for the statistical design of experiments. In July 2023, Effex raised EUR 1.6 million in seed funding led by Volta Ventures, with participation from PMV and K.U. Leuven Research & Development. As of 2024, the company is led by its CEO, Dewi Van De Vyver, and has a client base including companies like GSK, Sanofi, Engie, and many more.

The company offers a digital platform and tools for analyzing, modeling, and optimizing experiments in one place. Users can uncover data patterns, pinpoint correlations, measure key factors' impact, and optimize multi-response problems using various tools and platforms.The platform allows users to connect effortlessly to their data sources using a user-friendly DIY API. It centralizes data collection, consolidating all essential data in one accessible location for efficient management.

The company generates revenue by charging for its various subscription plans, which vary between Explorer and Essential.

The company plans to use the July 2023 funding to develop its technology and accelerate its growth.

## Funding rounds

- Seed, Jul 7, 2023, $1.8M — K.U. Leuven Research & Development, PMV, Volta Ventures, Flanders Future Techfund

## Investors

- K.U. Leuven Research & Development (https://capitalatlas.ai/funds/k-u-leuven-research-development) — Seed
- PMV (https://capitalatlas.ai/funds/pmv) — Seed
- Volta Ventures (https://capitalatlas.ai/funds/volta-ventures) — Seed
- Flanders Future Techfund — Seed