France-based Foxintelligence has reportedly picked up a â‚¬6m in funding
Committers to the fund included Daphni, Global Founders Capital, eFounders, Partech Ventures, Iron Capital, Kima Ventures, LeStudio VC and several angel investors, according to an article by FinSMEs.
The company measures e-commerce activity, helping retailers to find out competitorâ€™s best-selling products. Foxintelligence complies data directly from consenting usersâ€™ e-receipts, only taking into consideration actual purchases and no estimates.
The data is collected from those who use Foxintelligenceâ€™s free B2C web apps, Misterfox and Cleanfox, and helps to give retailers in depth market research. Misterfox allows customers to get automatic refunds from Amazon delays, while Cleanfox lets people unsubscribe from unwanted newsletter with one click.
The funding will be used to expand its operations, it said.
Late last year Foxintelligence picked up a â‚¬1m Seed investment, with total funding into the company being around â‚¬7m.
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