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Conveo secures €4.9 million to transform market research industry
- Antwerp-based startup Conveo raises €4.9 million in Seed funding to expand its market reach in the U.S. and Europe, focusing on automating market research with AI-led video interviews.
- Funding participants include Y Combinator, 6 Degrees Capital, Entourage Capital, Pitchdrive, and Syndicate One.
- CEO Dieter De Mesmaeker emphasizes the value of automating qualitative research to allow researchers to focus on deriving insights.
- Founded in 2024, Conveo aims to revolutionize customer research by offering AI-led video interviews for better, faster, and scalable understanding of customers.
- The startup addresses the limitations of traditional research methods, offering speed, cost efficiency, and in-depth information through AI-powered solutions.
- Conveo's AI conducts moderated video interviews, providing real-time insights 100x faster than conventional methods, enabling rapid decision-making.
- Its AI behaves like a human researcher, engaging in personal conversations, following a topic guide, and uncovering valuable insights through follow-up questions.
- Conveo's automated research process spans project set-up, interviewing, and instant analysis, aiming to democratize customer insights within organizations.
- The startup's focus lies in ensuring data quality, accessible customer insight base, and combining vast research and technical expertise for a comprehensive solution.
- With high user satisfaction rates and positive feedback, Conveo is positioned as a complementary research method aligning qualitative and quantitative data for powerful insights.
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