Cruxo, a Czech startup that provides a platform that simplifies the process of planning, creating, launching, evaluating, and optimizing online campaigns, raised EUR800K in funding.
Backers included Czech Founders VC, Presto Ventures and Zaka VC.
The company intends to use the funds to expand operations and its business reach.
Founded by Michal Trunkát, Jan Galgonek, Matěj Novák, Petr Pavlik, and Martin Svarc, Cruxo provides a platform that allows retailers to boost their revenues and profitability by enabling vendors to employ data, targeting as well as native ad formats. With it, customers who are set in a shopping mode actively respond to targeted contextual promotions, ads for products that natively complement their current needs and increase the size of their shopping cart.
FinSMEs