Pathmonk receives 1.5 million euros

The company from NRW successfully closes its financing round. Tech Vision Fund gets in on the act.

Düsseldorf-based Pathmonk has closed a seed financing round. Carsten Lebtig, an entrepreneur, and Tech Vision Fonds lead the 1.5-million-euro financing round. Lebtig said the goal of this funding round is to further Pathmonk's expansion.

Founded in 2021 by Lukas Haensch and Rayco Batista Diaz, the start-up aims to use artificial intelligence to analyze visitor behavior on websites and then make recommendations based on this, for example to improve the structure and layout of a website. In the long term, this should lead to companies generating more revenue and leads via the website.

With Pathmonk, marketers would have an AI-powered tool at their disposal to increase conversion rates and improve the customer buying process, explains founder Diaz. "As a company, we are just at the beginning of our goal and enjoying fantastic momentum," says co-founder Rayco Batista Diaz.

"We are very excited about this expansion," says Tech Vision Fund investment manager Pascal Bless. Since its inception, Pathmonk has grown extraordinarily while maintaining a high level of customer satisfaction, he said.