Product Fruits, a Prague, Czech Republic-based provider of a AI-driven digital adoption platform (DAP), raised additional $1.6M in equity funding.
The round, which brought the funding total amount to $3.5M, included participation from Reflex Capital. Seed-round investors included Lighthouse Ventures, LVRG, and Venture to Future Fund.
The company intends to use the funds to expand AI development and grow its staff.
Led by Ladislav Salom, Product Fruits provides a Digital Adoption Platform (DAP) that offers a no-code interface and integrations for creating product onboarding processes. Its proprietary AI system also assesses the likelihood of client conversion, helping streamline and improve sales team targeting, monitoring and analyzing user behavior, and pinpointing key differences between successful and unsuccessful users.
The startup has already signed up nearly 1000 customers, including Sanof, Rakuten and Mango.
FinSMEs
29/05/2024