Quantia, a Poland-based startup utilizing AI to enhance product sales for brands, has successfully raised $1.2 million (approximately €1.1 million) in fresh funding. The company plans to use this capital to advance product development and extend its market presence in Western Europe, particularly targeting the UK, Nordics, Spain, and Germany.
The funding round was led by Inovo VC and Team X, including prominent investor Ariel Finkelstein, with additional support from business angels such as Dominique Locher (founder of LeShop.ch) and Ben Lang (one of the first 15 employees at Notion). Maciej Małysz, Partner at Inovo VC, remarked on Quantia’s rapid growth from an initial idea to adoption by enterprise clients, highlighting the value and trust it has garnered.
Founding and Mission
Founded in 2023 by Marta Lacka, who has a background with major brands like Procter & Gamble, Quantia was born out of a need for better data-driven decision-making tools in retail. Lacka, along with co-founders Adrian Dulic and Michał Ciemięga, developed a platform that provides brand managers with critical insights to boost sales and manage data more effectively.
Innovative AI Solutions
Quantia’s platform leverages AI to deliver real-time recommendations on product availability, pricing, stock levels, and sales data. This technology enables brand managers to quickly assess market performance and implement strategies to increase sales. Lacka emphasized the platform’s efficiency, stating, “Our system accelerates decision-making processes, enabling strategic planning in just a few minutes, compared to the traditional method that takes days.”
Impact and Future Plans
Since its inception, Quantia has partnered with companies like Asahi Europe, Groupe SEB, Nespresso, and Procter & Gamble, as well as other players in the electronics and food and beverage sectors. Investor Ariel Finkelstein praised Quantia’s robust AI capabilities, noting that clients have seen monthly sales grow by up to 40% within three months of using the platform.
With the new funding, Quantia is set to expand its innovative AI solutions across Europe, helping brands achieve greater efficiency and profitability in their sales operations.