Jenz raises €540,000 for retail AI platform
Jenz raised €540,000 in pre seed funding from Antler and Ada Ventures, according to Tech.eu. The Norwegian startup also received a NOK 1 million grant, worth about €92,000, from Innovation Norway.
Jenz is building an AI platform that combines data from online stores, point of sale software, inventory systems, accounting tools and marketing services. Its agent can analyze sales and inventory, forecast demand, assess pricing and marketing strategies, monitor operations and automate routine tasks.
The company began onboarding pilot customers in August. Customers assigned the platform more than 3,000 tasks across over 20 back office systems, while some reported saving up to 100 hours during their first month. Jenz plans to enter the UK within nine months.
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