Outfindo is a technology company.
Outfindo has raised $1.0M across 1 funding round.
Outfindo has raised $1.0M in total across 1 funding round.
Outfindo has raised $1.0M in total across 1 funding round.
Outfindo's investors include Andreessen Horowitz, Artur Sychov, Brian Corrigan, GAMEGROOVE Capital, Gautam Shah, Geek Ventures, Goat Capital, Hubert Thieblot, Kaarel Kotkas, Kevin Hart, Peter Vesterbacka, Preston-Werner Ventures.
Outfindo is an AI technology company founded in 2020 and based in Prague, Czech Republic, specializing in guided selling and product data enrichment for e-commerce. It builds AI-driven tools like the Product Guide, which simplifies complex online shopping through personalized recommendations via question-based guidance, outperforming traditional filters by analyzing customer behavior and needs across the online landscape.[1][2][3] Serving retailers and e-commerce platforms, Outfindo solves key pain points such as customer confusion, prolonged decision-making, and abandoned carts by bridging product data management with intuitive shopping experiences, already covering 26 product categories in 10 countries with rapid growth.[2][3] The company raised €1.2M in a late seed round in January (year not specified in sources) led by Eleven Ventures, with participation from Lighthouse Ventures and Borovicka Capital, signaling strong momentum and scalability via proprietary AI agents Beacon and Diver.[2][6]
Outfindo was founded in 2020 by Jan Matějů, Ondrej Bouda, and Martin Chrz in Prague, emerging from the recognition of a core e-commerce challenge: consumers struggling to select intricate products online without in-store expert guidance, leading to frustration and lost sales.[2] The idea stemmed from deep insights into customer discovery and choice patterns, evolving into AI-powered solutions that go beyond single-store recommendations to provide holistic shopping behavior analysis.[1][2] Early traction came quickly, with easy implementation praised by clients like M1 Projekt ("super easy and fast") and Fistar ("best bike guide I have ever used"), alongside expansion to multiple categories and countries, culminating in the €1.2M seed funding and development of AI agents for automated scaling.[1][2]
Outfindo's edge lies in its AI-centric approach to guided selling, distinguishing it from basic recommendation engines:
Outfindo rides the AI personalization wave in e-commerce, where market forces like rising online complexity, cart abandonment rates (often 70%+ industry-wide), and demand for hyper-targeted experiences favor its timing amid post-2020 e-commerce boom.[2][3] By enabling guided selling at scale, it influences the ecosystem through better data utilization and reduced reliance on human advisors, empowering smaller retailers against giants like Amazon. Its expansion reflects broader trends in AI agents and behavioral AI, positioning Prague as a hub for European e-comm tech amid VC interest from funds like Eleven Ventures.[2]
Outfindo is poised for accelerated growth, likely expanding categories, geographies, and integrations as AI agents like Beacon and Diver automate more segments. Trends in real-time personalization, omnichannel retail, and EU data privacy will shape its path, potentially drawing Series A funding to challenge incumbents. Its influence may evolve from niche guides to full e-commerce platforms, transforming how retailers convert browsers into buyers—echoing its core mission to make product discovery as seamless as in-store expertise.[2][3]
Outfindo has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in July 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2021 | $1.0M Seed | Andreessen Horowitz, Artur Sychov, Brian Corrigan, GAMEGROOVE Capital, Gautam Shah, Geek Ventures, Goat Capital, Hubert Thieblot, Kaarel Kotkas, Kevin Hart, Peter Vesterbacka, Preston-Werner Ventures, Presto Ventures, Riccardo Zacconi, Sebastian Knutsson, Sebastien Borget, Spring Capital, Sunset Ventures |