About Aifora
Aifora is a company based in Dusseldorf (Germany) founded in 2018 by David Krings and Thomas Jesewski was acquired by Centric Software in September 2023.. Aifora has raised $3.42 million across 1 funding round from investors including Centric Software and Capnamic Ventures. Aifora operates in a competitive market with competitors including HubSpot, Adobe, ActiveCampaign, Meltwater and Integrate, among others.
- Headquarter Dusseldorf, Germany
- Founders David Krings, Thomas Jesewski
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Sectors
RetailTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Aifora Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.42 M (USD)
in 1 rounds
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Latest Funding Round
$3.42 M (USD), Seed
Feb 07, 2019
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Investors
Centric Software
& 1 more
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Employee Count
Employee Count
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Acquired by
Centric Software
(Sep 16, 2023)
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Sales and Marketing
116 people
Software Development Team
34 people
Leadership Team
29 people
Product Management Team
28 people
Human Resources and Administration
10 people
Operations Team
7 people
Customer Team
6 people
Legal and Compliance
6 people
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Funding Insights of Aifora
Aifora has successfully raised a total of $3.42M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.42 million completed in February 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $3.4M
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First Round
First Round
(07 Feb 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Seed - Aifora | Valuation | Capnamic Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aifora
Aifora has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Centric Software and Capnamic Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Seed-stage to series A investments are targeted by Capnamic Ventures.
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Founded Year | Domain | Location | |
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Platform offering software product lifecycle management software
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aifora
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aifora
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aifora Comparisons
Competitors of Aifora
Aifora operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HubSpot, Adobe, ActiveCampaign, Meltwater and Integrate, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of AI-powered customer relationship management software
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| domain | founded_year | HQ Location |
AI-powered platform manages marketing creatives and customer journeys.
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| domain | founded_year | HQ Location |
Sales, CRM, and email marketing automation software is provided.
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| domain | founded_year | HQ Location |
Cloud-based social media monitoring and analytics are offered for businesses.
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| domain | founded_year | HQ Location |
Marketing campaigns are managed via a SaaS platform for professionals.
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| domain | founded_year | HQ Location |
Predictive intelligence is delivered for sales and marketing teams.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Aifora
When was Aifora founded?
Aifora was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Aifora located?
Aifora is headquartered in Dusseldorf, Germany. It is registered at Dusseldorf, North Rhine-westphalia, Germany.
Who is the current CEO of Aifora?
Thomas Jesewski is the current CEO of Aifora. They have also founded this company.
Is Aifora a funded company?
Aifora is a funded company, having raised a total of $3.42M across 1 funding round to date. The company's 1st funding round was a Seed of $3.42M, raised on Feb 07, 2019.
What does Aifora do?
Aifora provides cloud-based retail price and stock intelligence automation solution. It uses artificial intelligence technology to collect data and share to exploit and capture actionable insights from the data. It helps brands to understand customer behavior, manage inventories and fix prices. The platform allows users to increase sales and revenue, provides price automation and goods distribution and build demand forecast based on the supply chain requirements. Clients include ADLER, HR Group, NKD, and others.
Who are Aifora's investors?
Aifora has 2 investors. Key investors include Centric Software, and Capnamic Ventures.
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