Prague-based Product Fruits has secured €1.47 million from Reflex Capital. This fresh capital will assist Product Fruits in further developing its AI-based adoption platform. Notably, this investment marks the second funding round in just under a year, bringing the total funding amount to €3.22 million.
- Founded in 2019 by Karel Papík and Ladislav Šalom, Product Fruits specializes in developing a digital adoption platform tailored for product managers. The platform empowers managers to craft custom user onboarding workflows seamlessly, without the need for coding. Its features include integrated product walkthroughs, support buttons, feedback widgets, and knowledge databases, all accessible without coding.
- To date, Product Fruits boasts a customer base of 1,000, comprising global firms such as Mango, Dandy, Emil Frey, Sanoma, Sanofi, IU, Keboola, and Rakuten.
- In 2023, Czech startup Product Fruits raised €1.6 million in a seed funding round led by Leverage and Venture to Future Fund. The investment was allocated towards developing a new AI-based product and enhancing the expansion and refinement of its sales teams and processes.
- Reflex Capital was the sole investor in the recent funding round. It's a Prague-based venture capital firm established in 2012 by Josef Chvojka and Ondřej Fryc. Among its portfolio are companies like BoatAround, Merchantee, Contember, Digitoo, OPT On Demand, Flow, Shrooly, Fitify, ByWays, and Wavepaths.
- Product Fruits plans to finance the development of its AI-powered platform and to expand its staff by adding at least ten new members.
