Seed Funds for B2B Research Tech Firm Emporia

New York- and Austin, Texas-based b2b restech company Emporia Research has secured $4.7m in a seed round of funding, to expand its platform's capabilities. This will include further investment in AI, engineering, sales and data partnerships.

B2B clients can use Emporia's mrxCore platform to automate parts of the research process, including participant recruitment and verification, survey creation, interview scheduling and incentive payments, freeing up time for better and faster decision-making.

The round, which adds to a $1.2m pre-seed in December 2022, was led by Founder Collective with participation from Data Point Capital, Remarkable Ventures, Revelry Venture Partners and a number of angel investors.

Emporia is led by Michael Hess (pictured), Jake Roeland and Mark Hannan, bringing technical backgrounds from Goldman Sachs, Amazon and Marriott International. The firm says it grew revenue by 25% month-over-month in 2023, and made an operating profit for five months prior to the latest round.

Web site: www.emporiaresearch.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.