Wonderflow, an Amsterdam, The Netherlands-based data analysis company, raised a convertible debt investment round.
The round, whose amount was not disclosed, was led by dutch entrepreneurs and an executive from Samsung.
The company intends to use the funds to further automate its flagship product, called Wonderboard, and to strengthen its position in the market.
Founded in 2014 by CEO Riccardo Osti, CTO Giovanni Gaglione and COO Michele Ruini, Wonderflow provides an advanced consumer feedback analysis platform that allows brands to analyze what customers say in product reviews. Teams can browse and filter results and group products by price, brand, category, country etc.
Commenting on the announcement, Osti said: “Nowadays reviews are the most important source of insights for marketing and R&D. However finding, downloading and analysing them it’s a hell of a job, and enterprises can’t do it by themselves. That’s why we do it for them, and they love it”.
Accelerated within Rockstart, the company is hiring developers and sales managers in Amsterdam.