With consumers increasingly asking questions of ChatGPT — not Google — product discovery is changing. And the promise to give brands visibility and control over this fast-growing search channel has made Peec AI one of Europe’s hottest startups.
Just four months after its Seed round led by 20VC, the Berlin-based startup has raised a $21 million Series A led by European VC firm Singular. CEO Marius Meiners declined to disclose the valuation, but said it had tripled and was now above $100 million.
This comes after Peec AI grew its annual recurring revenue to more than $4 million in only ten months since its launch, attracting 1,300 companies and agencies to its platform.
These customers use Peec AI to monitor how their brands appear in AI-powered searches.
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