V14 advises Peec AI on two financing rounds of € 7 million

Berlin — Berlin-based start-up Peec AI has secu­red EUR 7 million in growth capi­tal in a rapid finan­cing round just five months after the company was foun­ded. The finan­cing round was led by early-stage inves­tor 20VC. Other inves­tors include TS Ventures, Antler, Fore­word VC, Identity.VC, Combi­na­tion VC and S20. 

The startup is deve­lo­ping an AI-supported search analy­sis plat­form for marke­ting teams to better under­stand and opti­mize brand presence in Large Language Model (LLM)-based search systems such as ChatGPT or Perple­xity. Florian Kozok, Jules Michels and Marie Hille­brand from the law firm 

Peec AI has achie­ved a considera­ble level of reve­nue in the past four months: EUR 650,000 in annual recur­ring reve­nue (ARR) with a current monthly increase of around EUR 80,000. Due to this rapid growth, the startup was able to conclude pre-seed finan­cing of EUR 1.8 million back in April. The seed invest­ment of EUR 5.2 million follo­wed just a few weeks later. — V14 advi­sed the Berlin-based startup Peec AI on both finan­cing rounds tota­ling EUR 7 million within a short period of time. 

The fresh capi­tal will be used for product deve­lo­p­ment, talent deve­lo­p­ment and inter­na­tio­nal expansion.

Consul­tant Peec AI: V14

Florian Kozok, Jules Michels, Marie Hillebrand

About V14

V14 is a Berlin-based law firm specia­li­zing in growth capi­tal, tech­no­logy and media.