Hungarian-founded company Captiwate raises $600k in a fresh funding round

Captiwate, a company with offices in Budapest and San-Francisco, has raised a $600,000 in funding round. The round saw participation by Interactive Venture Partners, Oktogon Ventures, Fiedler Capital, Cloudbreak VC, and several angel investors.

About Captiwate

• Founded in 2024 by Krisztian Berecz, Captiwate is a company that provides live user activity insights for engaging with website visitors through chat and video calls. Captiwate’s solution aims to predict this by analyzing the time spent on the website and activity (clicks, scrolling, reading time) based on different patterns.

• The company has a team of five people that is working on the launch of a minimally functional and salable version of their product on the market at the beginning of May. Their solution is basically sold and developed for startups and service providers (e.g. banks, insurance companies) that have a large basket value, and therefore target more business customers.

Investment details

• The fresh round was led by a Hungarian and US-based Interactive Venture Partners that has recently announced the launch of its new €50 million fund, Oktogon Ventures and Fiedler Capital, Budapest-based VC funds for startups from Central and Eastern Europe, and Cloudbreak VC, a San Diego-based private equity fund.
• Tamas Kadar, Csongor Biás, Jared Schrieber, Zsolt Kocsmárszky, Bence Toreky, Zoltán Ács, János Pereczes also participated in the investment as business angels.

The startup claims this amount raised would be enough for roughly 2 years, but Captiwate wants to go to the market within a year and raise a next round with renowned international investors in order to accelerate scaling.