Simporter
Latest round
- Seed
Last raised
- Jan 2019
Total raised
- Undisclosed
Investors
- 1
About Simporter
Founded in 2019 and located in Ecublens, Switzerland, Simporter, Inc.Simporter, Inc. specializes in AI technology to assist consumer goods brands in developing new products based on market trends. The firm was founded in 2018 in Atlanta, US, by Tim Hall, who has a history of entrepreneurship.60 mn.Simporter offers an advanced AI-driven platform designed to assist large consumer goods brands in transforming emerging market trends into validated, high-performing product ideas swiftly. The core product leverages proprietary algorithms and extensive databases to provide insights across various consumer data points, encompassing search, sales, social media, and product reviews. This holistic approach enables clients to make data-driven decisions rather than relying on traditional focus groups or surveys, thereby addressing the need for comprehensive market insights. The end use cases include product ideation, launch forecasting, and consumer need analysis, allowing brands to identify gaps in the market and enhance their product offerings.Simporter operates on a subscription-based revenue model, offering its clients access to its suite of market research and consumer insights tools. The company’s clients, primarily large consumer goods firms, engage with Simporter through annual subscriptions, which provide ongoing access to its analytics platform and regular updates. This structure allows businesses to forecast new product performance with high accuracy for various channels and SKUs. Although specific pricing details for subscriptions or services are not disclosed, the revenue is generated predominantly through these B2B partnerships. The firm has plans to introduce new products that enhance market trend analysis capabilities, with a targeted rollout expected within the next year. Additionally, Simporter aims to expand its presence in North America and Asia-Pacific, seeking to capture a larger share of those markets by the end of 2022.
Who invested in Simporter
1 investor across 1 round
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Funding rounds
Seed
Jan 15, 2019
Amount
Undisclosed
Investors
Questions about Simporter
Who invested in Simporter?
Simporter has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Simporter raised?
Simporter has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Simporter last raise money?
Simporter's most recent round on record is a Seed, in Jan 2019.
What does Simporter do?
Founded in 2019 and located in Ecublens, Switzerland, Simporter, Inc.
Where is Simporter headquartered?
Simporter is headquartered in Atlanta, US.
Which VCs invest in companies like Simporter?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Simporter's stage. Their profiles are linked below.
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