Affise, a Vilnius, Lithuania-based partnerships management and automation technology company, raised $8m in Series A funding.
This round was led by Leta Capital with participation of TMT Investments.
The company intends to use the funds to expand its product suite, to increase its presence in North America, LatAm, and SEA, as well as cement its leadership in Europe, Israel and India.
Founded in in 2016, by Stanislau Litvinau, CEO, and Dmitrii Zotov, CTO, Affise is a partnership marketing platform for brands, advertisers and agencies to automate and scale their partner relations via all possible performance marketing channels: traditional affiliates, influencers, networks and agencies. The company works with over 1,000 customers, including brands and agencies such as Wargaming, Xapads, Hypercentage, Kismia, Mobavenue, GroupM, Zorka.Mobi, Appalgo, Mobligent and boasts connections to a conglomerate of over 300,000 partners.
Affise currently employs over 120 professionals in offices in Lithuania, Israel, India, China, Belarus and Cyprus, and plans to increase presence in North America establishing an office in the USA.