Ringr has secured €3 million in funding to accelerate its European expansion after winning Alhambra Venture 2024.
Target Information
Ringr, a startup based in Spain and established by Diego Cuadrado, has successfully raised €3 million in a recent funding round. This financing marks a significant growth phase for the company following its recognition as the winner of Alhambra Venture 2024, a prominent entrepreneurship and investment event in Southern Europe. Ringr specializes in a conversational AI platform tailored for enterprise operations, with the aim of transforming dialogue into a core component of business processes.
The company's technology is designed to deliver measurable results across critical business areas including logistics, collections management, customer experience, and sales. Currently, Ringr operates in 12 countries and has demonstrated impressive metrics, such as reducing operational time by up to 75% through automated order confirmations and achieving over 45% recovery in debt management processes.
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Industry Overview in Spain
The technology sector in Spain has been experiencing remarkable growth, especially in the realm of artificial intelligence and automation solutions. According to recent industry reports, investments in tech startu
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Disclosed details
Transaction Size: $3M