Growth Funds for eCommerce Data Platform Conjura

Dublin-based eCommerce analytics platform Conjura has raised EUR 15m in a Series A round of funding, which it will use to expand its solutions, broaden its UK and Ireland operations, and move into ‘several’ new international markets. Conjura’s platform combines benchmarking, company reporting and data science to enable users to compare their business performance against industry standards; receive deep-dive reporting to highlight their strengths, weaknesses, and opportunities for growth; and make decisions across all departments based on a 360-degree view of their operations. The platform combines data from fulfilment, warehousing, and supply chain sources, with online / off-line sales and marketplace transactions and customer metrics, to provide automated insights and recommendations across every aspect of eCommerce.

New funding has been co-led by Act Venture Capital and MiddleGame Ventures, with participation from Tribal VC. Fran Quilty (pictured), CEO and co-founder of Conjura, comments: ‘Our unique approach to data analysis and our ability to provide full visibility into a company’s performance in one easy-to-use platform represents the next generation of eCommerce solutions. We are providing the tools businesses need to enhance their operational efficiency, as well as ensure they are providing the seamless digital experience today’s consumers expect’.

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