Veact

company

About

VEACT is developing applications, processes and products to improve sales success in the car trade market using data-based marketing.

  • 11 - 50

Details

Last Funding Type
Series B
Industries
Automotive,Business Intelligence,Market Research,Marketing,Software
Founded date
Oct 4, 2010
Number Of Employee
11 - 50
Operating Status
Active

VEACT GmbH develops and sells a software-based platform for the digitization of marketing processes in the automotive industry.

With “self-learning” technology and broad automobile expertise, VEACT supports its customers in making their marketing and sales processes more efficient through data. VEACT uses all available data sources – invoices, service histories, satisfaction surveys and campaign data – and compresses it into one customer profile. The goal is to qualitatively process this information to create individual customer profiles and recommended courses of action (predictive customer intelligence).

Car dealerships and automakers profit from lower process costs, improved customer loyalty and the resulting revenue increases.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
Veact has raised a total of — in funding over 2 rounds. Their latest funding was raised on Sep 6, 2018 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 6, 2018 Series B 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Veact is funded by 1 investors. Bayern Kapital are the most recent investors.
Investor Name Lead Investor Funding Round
Bayern Kapital Series B