Prefixbox
Prefixbox - developing AI-driven search solutions to enhance e-commerce conversions, trusted by renowned customers like Bauhaus and Rossmann - secured seed funding from CEE investor Euroventures, which has invested over €200 million in 50+ companies.
Deal summary
Our Client, Prefixbox, develops AI-driven search solutions to enhance e-commerce conversions, including a data-driven search engine and predictive search analytics. Trusted by renowned customers like Bauhaus and Rossmann, the company helps businesses optimize their search performance. Prefixbox secured seed funding from CEE investor Euroventures, which has invested over €200 million in 50+ companies.
Deal rationale
The Company raised funding to support its expansion across European markets and enhance service development. The investment aimed to help scale operations and improve services to meet growing demand.
Absolvo's contribution
Our advisors delivered full-scope advisory services to the shareholders including, business and financial planning, preparation of investor documents, engagement with potential investors, negotiation and evaluation of term sheets, support during due diligence, negotiating the investment agreements, and coordination of the signing and closing, and other deal related tasks.
“Most of the questions were asked by the investors, and we had already prepared for them with Absolvo, so there was no need to improvise on the spot. This resulted in a much better deal than if we had done it alone. (…) I never felt like I was alone with my problems. I always felt that Absolvo prioritized my best interests.”
Istvan Simon • Founder of Prefixbox
The deal team
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