In a Nutshell
- Greek L-Stone Capital announced a $1.5M investment in Zenus, developing facial analysis technology.
Real-Time Analytics and Predictive Insights for Enhanced Business Strategies
Zenus was founded in 2015 with a Greek co-founder in its team, Panos Moutafis, who is currently serving as the CEO.
The company aims to provide businesses with deep insights into human behavior and experience, offering metrics such as impressions, demographics, dwell time, and positive energy scores. Their methodology includes deploying proprietary AI models on custom-made IoT devices.
The primary audience includes marketing professionals from a diverse range of sectors, spanning retail brands, business events, and international airports.
According to their data, Zenus has achieved a 300% annual revenue increase in recent years. The company has secured partnerships with various event organizers in North America and Europe.
Driving Growth in Innovative Startups
Athens-based L-Stone Capital specializes in investing in high-growth, innovative companies at the seed and late seed stages. Their portfolio includes startups like HealthTech startup Goodpath and Perceptual Robotics, which focuses on intelligent automation for wind turbine infrastructure inspection.
Jason Manolopoulos, Partner at L-Stone Capital, said, “Our investment in Zenus reflects our confidence in their vision and ability to transform the market for audience insights. Leading this funding round helps us support Zenus in scaling operations, expanding reach, and developing technology.”
