RivalSense Secures Funding Round
RivalSense, a Riga, Latvia-based startup that enables users to monitor their competitors using AI, has secured fresh funding in an angel funding round.
The round was led by Change Ventures, with the participation of Fiedler Capital and local business angels.
Change Ventures is a seed-stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world. Their investments range between €100K and €500K in pre-seed stage technology startups.
The company will use the funds to enhance scalable user acquisition and integrate advanced AI features for deeper competitor insights.
Founded in 2023 by Martins Vaivars and Arturs Prieditis, RivalSense provides an AI-driven platform specializing in competitor monitoring. The company product delivers curated weekly updates featuring key competitor insights gleaned from various sources such as competitor websites, social media, financial filings, and business databases. RivalSense targets startup founders and senior executives in established companies for its product.
Funding Details
Company: RivalSense
Raised: Undisclosed
Round: Angel Round
Funding Month: June 2024
Lead Investors: Change Ventures
Additional Investors: Fiedler Capital, local business angels
Company Website: https://rivalsense.co/
Software Category: Competitor Monitoring