Swaarm raises seven-figure funding
Janina Gerhardt
| 05.08.2022
The platform wants to automate the marketing of its customers. Now investors are getting on board.
Berlin-based startup Swaarm has closed a current seven-figure financing round. The lead investor in the round is STS Ventures. Business angel Rudolf van Megen has also invested in the start-up. In addition, existing investors have again participated. Swaarm plans to use the new capital to scale its platform and expand its presence in the U.S. and other regions.
Founded in 2020, the startup has developed a performance marketing platform. It aims to help companies automate their marketing and make data-based decisions for advertising activities. The offering is primarily aimed at agencies and advertisers.
"We are committed to expanding the capabilities of our platform to support the dynamic needs of our customers and create transformative value for their businesses," says co-founder and CEO Yogeeta Chainani. She co-founded the startup with Alexandru Dumitru.
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