Now Interact

SoftwareSeries AStockholm, Swedennowinteract.com

Latest round

Series A

Last raised

Nov 2016

Total raised

$5.6M

Investors

3

About Now Interact

Founded in 2010 in Stockholm, Sweden, Now Interact AB specializes in AI-powered customer engagement solutions.Now Interact AB specializes in AI-powered solutions designed to enhance customer engagement and optimize sales incentives. Their core offerings include Smart Offers, which utilize advanced algorithms to tailor discounts and promotions to individual customer preferences, thereby maximizing conversion rates and improving customer experiences. Additionally, the company provides Contact Channel Optimization services, ensuring that businesses effectively manage their communications across various platforms to reach customers in the most impactful manner. These services cater primarily to retailers and e-commerce businesses aiming to boost digital sales and customer interactions.4. The company generates revenue primarily through subscription-based models for its software solutions, facilitating recurring income streams from its business clients. Partnerships with retail and e-commerce companies enable these clients to implement the AI-powered services offered by Now Interact, enhancing their promotional strategies and customer engagement efforts. Direct transactions typically involve an initial setup fee for integrating the Smart Offers platform, followed by ongoing subscription fees based on usage or the scale of the services deployed. This structure allows clients to leverage the full suite of offerings while aligning costs with their operational needs. Specific upcoming products are in the design phase, focusing on enhancing their AI capabilities. The company is targeting expansion into additional regions in the European Union and North America by 2025.

Who invested in Now Interact

3 investors across 2 rounds

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Funding rounds

  1. Series A

    Nov 16, 2016

    Amount

    $4.8M

    Investors

    Locked

  2. Seed

    Jan 1, 2014

    Amount

    $0.8M

    Investors

    Locked

Questions about Now Interact

Who invested in Now Interact?

Now Interact has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Now Interact raised?

Now Interact has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Now Interact last raise money?

Now Interact's most recent round on record is a Series A, in Nov 2016.

What does Now Interact do?

Founded in 2010 in Stockholm, Sweden, Now Interact AB specializes in AI-powered customer engagement solutions.

Where is Now Interact headquartered?

Now Interact is headquartered in Stockholm, Sweden.

Which VCs invest in companies like Now Interact?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Now Interact's stage. Their profiles are linked below.

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