Cologne-based SaaS platform eyva.ai, which uses AI to optimize workflows and decision-making across teams, has raised €2.75 million in a seed funding round led by WENVEST Capital and Earlybird Venture Capital.
- Founded in 2022 by Djef Riady Rifamole and Wilhelm Raider, eyva.ai offers an AI-powered SaaS platform designed to help consumer goods companies optimize their product portfolios.
- The platform leverages real-time data to help businesses identify gaps, optimize products, and eliminate underperformers, driving smarter, data-driven decisions.
- Specializing in the beauty and personal care industry, eyva.ai streamlines workflows and enhances collaboration across teams. The startup claims that its platform delivers 90% better outcomes, reduces research time by 60%, and accelerates product concept speed.
Details of the deal
- The funding round was led by WENVEST Capital, a Munich-based VC supporting early-stage B2B startups, and Earlybird Venture Capital, part of the German Earlybird family, which is known for leading Romanian unicorn UiPath’s $1.6 million seed round in 2015.
"We’re thrilled to partner with Djef Riady Rifamole and Wilhelm Raider and can’t wait to see how they reshape the future of product lifecycle management," WENVEST Capital's team, commented on LinkedIn.
- The investment also received support from True, Robin Capital, xdeck, Venista Ventures, WEPA, and superangels.
- With the new capital, eyva.ai plans to scale, expand into new markets, and enhance its platform by integrating Marketing and R&D, while improving risk identification and portfolio performance.
