Business · Companies · 2 days ago

Spanish market research startup Autentic AI raises €1.5 million

Spanish market research startup Autentic AI raises €1.5 million

Autentic AI, a startup founded in Spain, has raised €1.5 million in pre-seed funding.

Baobab Ventures, Lanai Ventures, Acurio Ventures and Masia VC took part in the round.

The company’s platform uses AI to interview many consumers and experts at once, while human researchers interpret the findings.

Traditional market research can take weeks or months and cost tens or hundreds of thousands of euros, according to the company.

Autentic AI says its approach can deliver results in days and help businesses gather customer feedback more often.

It conducts about 1,000 interviews a day and serves clients in consumer goods, retail, pharmaceuticals and cosmetics, and strategy consulting and private equity.

The funding will support further automation and the development of its own network of verified participants, reducing its reliance on external panels.

Sources

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