HomeUKVortex IQ Raises £790K in Pre-Seed Funding

Vortex IQ Raises £790K in Pre-Seed Funding

-

Vortex IQ, a London, UK-based provider of an AI-powered automation platform for e-commerce, raised £790K in Pre-Seed funding.

The round was led by Sure Valley Ventures, with participation from Techstars.

The company intends to use the funds to expand its market presence in the US and Europe, building its sales and marketing teams, and hiring additional AI specialists.

Led by CEO Susant Kumar Patro, Vortex IQ provides an AI automation platform for e-commerce, helping businesses streamline their workflows and enhance their operations. With solutions for actionable insights, staging, coding, backup, data migration and deployments, it helps merchants reduce operational downtime ensuring a secure e-commerce management.

The company has doubled its customer base organically over the past six months and formed strategic partnerships with BigCommerce and Adobe. Vortex IQ has onboarded over 100 merchants to use its AI automated staging product, Staging Pro, built for BigCommerce, and Dry Run Pro, built for Adobe Commerce and Shopify.

Existing clients include Nvidia, Harley Davidson, Krispy Kreme, Richer Sounds, British Airways – Avios, and Jelly Cat.

FinSMEs

08/07/2024

THE DAILY NEWSLETTER - SIGNUP