Quantia raises $1.2M for e-commerce analytics

Polish sales analytics platform Quantia has raised $1.2m to provide companies with marketing capabilities across different channels.

Quantia is a SaaS provider that collects sales and engagement data both online and offline and translates that data into actionable sales suggestions for businesses.

The funding will expedite product development and localised growth in Western Europe, specifically the UK, Nordics, Spain and Germany.

The round was led by Inovo VC and Team X, including Ariel Finkelstein, with participation from business angels, such as Dominique Locher (founder of LeShop.ch), and Ben Lang.

The company's clients include Asahi Europe, Groupe SEB,  Nespresso, Procter & Gamble, and others in the electronics and food and beverage industries.

Partner at Inovo VC Maciej Małysz stated:

“We have observed Marta from her first pitch deck, which presented just an idea before product development began. After only a few months, Quantia was already being used by enterprise clients, who quickly realized its value and continued to expand their licenses to their other brands. "

He continued: “Quantia has been built from the beginning by a person with an enterprise background who was able to sell to enterprises from day one. This makes it evident that Marta and her team are a trusted partner even for the biggest retail brands ”