Austrian startup JENTIS raises €11M in Series A funding

Vienna-based next-gen data capture startup JENTIS has raised €11 million in a Series A funding round led by Bright Pixel and new co-investor 3TS Capital Partners. The Ukrainian VC fund Pragmatech Ventures also participated as the existing investor.

• JENTIS was founded in 2020 by a team of data analytics and web tracking specialists around CEO Thomas Tauchner. The company develops a data capture platform, empowering businesses to own and control their web data capture independently of third parties. 
• The technology enables radically improved data accuracy for business insights while complying with privacy regulations worldwide. According to the company, its customers report significant performance improvements with data uplifts of up to 30%, data correction rates of up to 60%, and significantly faster web page load times.

JENTIS will utilize the new investment to accelerate its geographic growth in key European and US markets and enhance its product development efforts.

Who are the investors?

• Bright Pixel Capital, Former Sonae IM, is the lead investor this round. It is a Portugal-based VC company with a global aim, financially driven and oriented to make businesses prosper.
• 3TS Capital Partners, a Finland-based private equity and venture capital firm, also joined the round as a new investor.
• Pragmatech Ventures, a Kyiv-based VC firm, participated in the round as one of the existing investors. The firm is targeting a B2B SaaS and marketplace companies, as well as enterprise software, HR tech, marketplaces, biotech, martech, market networks, and prop tech sectors.

In September 2023, Pragmatech invested  $400,000 in Ukrainian startup Pluspoint.