Peec AI - a startup in Berlin (Germany) has just raised 21 million USD in the Series A round led by European adventure investment company Singular, raising its valuation to more than 100 million USD after only 4 months of calling for seed capital.
Peec AI has achieved more than 4 million USD in periodic revenue and attracted 1,300 businesses. The platform allows brands to track the appearance, emotions, and information sources that shape the generative answer, thereby optimizing presence according to the GEO model (same as SEO but for AI).
Startup is attracting about 300 more customers per month and will recruit 40 new employees to expand operations. Peec AI is also preparing to open an office in New York. The company is currently competing with platforms such as Profound and OtterlyAI.
Peec AI's tool allows tracking 25 suggestions for a fee of 75 euros per month or 100 suggestions for 169 euros. The dashboard suggests actions to improve visibility, based on analysis of raw data on users' search needs. Peec AI believes that this data system is a factor that helps them stand out in the AI application market.
