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Startups & Business SINGLE SOURCE

AI platform Reply Next secures €400K pre-seed funding

Single source: this development was reported by Tech.eu. What WORLDTECH can establish is that the report was made, and by whom. It has not been matched against a second independent organisation and has not been officially confirmed by the organisations involved.

Stunning night view of illuminated GENO-Haus building in Stuttgart, Germany with light trails.
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What happened

Reply Next, an AIplatform for managing the digital presence of businesses with multiplelocations, has raised €400,000 in pre-seed funding. Reply Next , an AI platform for managing the digital presence of businesses with multiple locations, has raised €400,000 in pre-seed funding.

The round was led by independent investment firm 4Founders Capital , with participation from business angels including Juanjo Mostazo and David Alcobero. Founded by telecommunications engineer Miguel Peñate , Reply Next allows brands with hundreds or thousands of physical locations to manage and optimise their digital presence from a single place.

The company is targeting the growing volume of digital interactions associated with individual locations. Nine out of ten companies don't know how much revenue their stores generate through Google Maps, 70% of brands don't respond to users on public channels, and fewer than 10% of businesses appear in AI-powered search engine results.

Sources & evidence