Poland-based Quantia, a company that uses AI to help brands sell more products, has secured $1.2M (approximately €1.1M) in fresh funding.
The Polish company plans to use the money for product development and further expand in Western Europe, primarily in the UK, Nordics, Spain, and Germany.
Investors supporting Quantia
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 (one of the first 15 employees at Notion).
Maciej Małysz, Partner at Inovo VC, says, “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 realised its value and continued to expand their licenses to their other brands.”
“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.”
Boosting online sales
Quantia was started in 2023 by Marta Lacka, who had worked with big brands like Procter & Gamble and tech scale-ups. She saw that even big companies struggled to get good data for making decisions. So, she decided to make a tool herself to fix this.
Lacka had knowledge about the retail industry in Europe, but she needed help from tech experts. Eventually, she found Adrian Dulic and Michał Ciemięga, who became part of the team.
Together, they built a platform to solve the problem of getting good data for making smart decisions in retail.
Quantia now helps brand managers increase sales and manage data better by giving them the latest insights from both online and offline channels. Using AI, Quantia suggests strategies to boost sales.
The platform lets managers see how their products are doing in the market and suggests ways to sell more. The system autonomously analyses key attributes including product availability, prices (both regular and discounts), how much stock there is, and sales data.
Founder & CEO Lacka, says, “Our platform dramatically accelerates the decision-making process for managers, enabling strategic planning in just 3-5 minutes— a task that typically takes about 10 working days when done manually.”
“I firmly believe that both brands and retailers should have equal access to data online brand performance. This transparency helps them provide the best products for consumers and simultaneously drives category growth.”
Within the first year of operations, Quantia’s clients include companies like Asahi Europe, Groupe SEB, Nespresso, and Procter & Gamble, as well as others in the electronics and food and beverage industries.
Ariel Finkelstein, investor at Quantia, adds, “Our investment went to a founder who, despite being solo and non-technical, came equipped with a very strong product idea and deep knowledge of market needs.”
“In a very short time, she was able to translate it into a real tool that has already proven serviceable to the largest companies in the world. Thanks to its advanced AI algorithms, Quantia delivers real-time and accurate recommendations that managers can rely on.”
“As a result, Quantia’s customers have seen their monthly sales grow by up to 40 per cent after just three months of using the platform.”
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