French startup Foxintelligence announced that it has raised €1 million. The investors included Daphni, Partech Ventures, Kima Ventures, The Studio, Founders Global Capital, Capital Iron and business angels.
Founded in 2016 by Edouard Nattée, Foxintelligence has developed an innovative technology to collect and measure all aspects of every online purchase made by consumers who use their B2C free web apps: Misterfox and Cleanfox. Cleanfox is an app that helps users unsubscribe from newsletters, and has so far "cleaned" over 30 million emails. The company uses these apps to access data, which is first anonymized to respect users' privacy, and then collected to provide exclusive business insights.
Using non-personal, fully anonymized data, Foxintelligence creates statistics and market reports on e-commerce and shopping behavior on the Internet.
The startup plans to use this investment to continue its development, and launch new services that automate time-consuming procedures.
Read more: Maddyness (French)