
Digital+ Partners leads $28m series-B for Quantilope
New investor Digital+ Partners has led a $28m series-B round for Germany-based market research software Quantilope.
Also participating in the round were existing investors Dawn Capital, Senovo Capital and Surplus Invest. Silicon Valley Bank also provided debt financing.
Quantilope plans to use the fresh capital to expand its platform elsewhere in Europe and in the US, as well as to develop its technology.
The company launched its Consumer Now Index in 2020 as a response to Covid-19. The tool provides users with an automated weekly tracker to monitor consumers' altered behaviour during the pandemic.
Previous funding
Senovo and Surplus took part in a $4m seed round for Quantilope in January 2017.
In 2018, Dawn Capital led an $8m series-A funding round for the company, drawing equity from Dawn Capital III and joined by Quantilope's existing investors.
Company
Quantilope is an AI-backed software platform that allows users to conduct market research with structured surveys and data visualisation tools. Its pricing model generally operates on a 12-month basis, based on the number and complexity of projects and users, according to its website. Its clients include Danone, Ravensburger and Tchibo.
The company was founded in 2014 and is based in Hamburg, with an additional office in New York. It has 104 employees, according to LinkedIn.
People
Quantilope – Peter Aschmoneit (CEO).
Digital+ Partners – Thomas Jetter (partner).
Senovo Capital – Markus Grundmann (partner).
Silicon Valley Bank – Oscar Jazdowski (general manager, Germany).
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