🏭 Industry: E-commerce technology
📣 Solution: AI-driven product guidance platform simplifying the selection of complex products online.
👯 Founder(s): Jan Matějů, Ondřej Bouda, and Martin Chrz
📅 Founding year: 2020
💰 Investment amount (current round): €1.2M
🌱 Stage: Late-seed
🚀 Funded by: Eleven Ventures (lead), with support from Lighthouse Ventures and Borovička Capital
🗨️ Investor’s perspective:
“Our vision is that AI will reshape how we shop and how we select the right products for our needs. Outfindo’s value proposition is perfectly aligned in that direction, and they allow e-commerce stores to provide great user experience and continue to compete with the big guys.” — Ivaylo Simov, Partner at Eleven Ventures
💡 It will be spent on:
- Accelerating expansion into new markets
- Covering new product verticals
- Scaling operations to support growing demand
- Enhancing product offerings, including deeper AI-driven insights, advanced analytics, and self-service solutions for smaller e-commerce retailers
💬 In their own words:
“We are super proud to join the Eleven family and to be part of such an inspiring network of innovators. The know-how and guidance we’ve already gained from working with Eleven have been invaluable in navigating our journey. Collaborating with fellow Eleven family members has allowed us to share what works and learn from each other’s experiences. It’s truly energizing to work with a partner who shares our values and commitment to a culture of collaboration and excellence.” — Jan Matějů, CEO and founder of OUTFINDO
💪 Their specialty: Providing intelligent, plug-and-play AI-powered guidance tools that transform how customers shop online by simplifying product selection and improving decision-making.
🔑 Business model: B2B SaaS model, offering integration-ready AI product guides to online retailers, enhancing customer engagement and boosting conversion rates.
👥 Customer profile: E-commerce retailers seeking to improve the shopping experience for their customers, with current partnerships in sectors like cycling, electronics, and home appliances.
