Deal News - GreenGate Partners advises leading venture capital firm 20VC on the recent €5.2 million Series Seed Financing Round of Berlin-based Peec AI GmbH

The round follows a €1.8 million pre-seed financing in April, bringing the total amount raised by the company to €7 million just five months after its founding. 

Peec AI develops an AI-powered analytics platform that helps marketing teams analyze and improve their brand visibility across AI-based search platforms such as ChatGPT and Perplexity. As consumers increasingly turn to these platforms instead of traditional search engines like Google, Peec AI equips companies with the tools they need to remain visible and competitive in this new search environment.

The company has coined this field “Generative Engine Optimization” (GEO) and already reports strong early traction with over €650k in annual recurring revenue and weekly growth rates of €80k. 

The fresh capital will be used to expand the team, accelerate product development, and scale go-to-market activities to meet the rapidly increasing demand from marketing teams seeking to adapt to the AI search era. 

In addition to lead investor 20VC, the Seed round was joined by Antler, Foreword VC, identity.vc 🏳️🌈 Backing LGBTQ+ Founders, Combination VC, and S20. 

Advisors GreenGate Partners

René Spitz LL.M. (USC) (Partner / Corporate)
Alexander Tribess (Partner / IT and Data)
Paul Harloff (Associate / IT and Data)
Carl von Sydow (Associate / Corporate)
Dr. Leonie Singer, LLM (Sydney) (Associate / Corporate)