Polish startup Apropo raises €240K from LT Capital
18 May, 2022, 12:41
- Founded in 2019 by Michał Grubka and Natalia Dymek-Sikora, Apropo develops a proposal automation tool for software development companies and specialists. Based on AI technology, it automates project valuation processes. Apropo claims to provide standardized sales and increased revenue, session recording, and shorter reply times.
- LT Capital is the lead investor in the seed round. It is a Krakow-based early-stage fund focused on breakthrough Industry 4.0 companies. Its average ticket size is around €250,000. According to Crunchbase, the fund’s recent portfolio includes Polish startups like GIGLIKE, Virbe, upmedic, and SmartHotel.
“We have been supporting Polish founders for years. In Apropo, we saw a huge potential. It is a company with a great, experienced team and product, which, thanks to AI and automation, increases the efficiency of sales departments,”Aleksandra Byrka from LT Capital comments on the investment.
- Apropo will spend the fresh funds on foreign expansion in North America, where most of Apropo’s customers come from.