A Danish ecommerce platform developer hit the jackpot, raising big money from a group of investors. And part of how Go Autonomous will use the money is to launch operations for an expansion into the U.S.
All systems go for Go Autonomous expansion
Go Autonomous has secured $10.3 million in funding from Octopus Ventures and Ridge Ventures, with participation from existing investors EIFO and 42Cap, the company says.
“We’re excited to accelerate our product adoption in Europe and the U.K. and begin laying the groundwork for our expansion into the USA, thereby further reinforcing our commitment to revolutionizing the landscape of B2B commerce software,” says Go Autonomous founder and CEO Bjarke Ruse Sejersen.
Go Autonomous has developed artificial intelligence (AI) and software-as-a-service (SaaS) applications that it says identifies the intent of emails arriving in an inbox, extracts and structures the necessary information, and connects it into enterprise systems in real time, enabling end-to-end automation of quotes and orders.
“We saw the opportunity to simplify transactional communication without changing customer behavior,” says Ruse Sejersen. “Our platform not only streamlines B2B transactions but also significantly improves response times, resulting in a more efficient, profitable, and more sustainable growth — we call it Autonomous Commerce.”
Go Autonomous has established customers such as Danish pump manufacturer Grundfos, and Saint-Gobain Distribution Denmark.
The company did not release a U.S. market launch date.
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