Smartlook wins investment of CZK 81m; expands to USA

Published: 15.02.2021 Related countries:  Singapore Singapore

Smartlook wins investment of CZK 81m; expands to USA

Brno-based startup Smartlook.com, a company focused on the analysis of the behaviour of website and mobile app users, added CZK 64m in ARR in 2020. This represents a growth of 87% y/y. The company won investment in the amount of CZK 81m from Dutch fund Airbridge Equity Partners. The investment will be used to scale the product and expand to the US market. The USA now account for almost one third of the income. The company thus expects to open a branch directly in the USA. SmartLook introduced the product NextGen at the end of 2020. The new version is aimed primarily at large companies. The product offers the ability to directly integrate Smartlook using the API into one's own software. The company wants to recruit 25 new employees in 2021. (Source: ČIA News, www.cianews.cz/en)