PromoRepublic Added to Our Portfolio

ReadyFireAim invested into PromoRepublic as a part of a 1.3 million euro investment round. Our portfolio company Innovestor acted as the lead investor in the round, which was joined by other VCs as well as angel investors from e.g. the Nordic BAN. The funds will be used to fuel the company's growth in the US.

We have been looking into PromoRepublic for quite a while. They are showing great traction. With this funding round they are ready to conquer the US.

PromoRepublic is Social Commerce Automation SaaS. They tackle the problem of millions of Small Business Owners and Small Ecommerce Business Owners who want to have a quality presence on Social Networks and want to sell more using Social Media Promotions with proven ROI. Our customers "hire" PromoRepublic software instead of In-house Social Media Manager or Agency.

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The first quarter of the year was one of our most active in the history of the company. The period saw two exits, six funding rounds in the portfolio, and one new investment. Exits was s