Berlin startup Peec AI has successfully closed a $21 million Series A funding round. European venture firm Singular led the investment. This capital injection follows a period of intense customer acquisition and revenue acceleration.
The company’s valuation has reportedly tripled since its recent Seed round just four months ago. CEO Marius Meiners confirmed the new valuation now stands above $100 million. This rapid ascent underscores the market demand for AI discovery tools.
Peec AI achieved an Annual Recurring Revenue surpassing $4 million in under ten months since its official launch. Over 1,300 companies and agencies currently utilize the platform. These customers are grappling with the shift from traditional search to generative AI queries.
The core offering enables brands to monitor their presence within AI-powered search results. Crucially, Peec AI tracks sentiment and identifies the specific sources shaping those AI-generated answers. This capability is the foundation for Generative Engine Optimization (GEO).
GEO allows marketing teams to actively manage brand visibility in the new search paradigm, mirroring SEO strategies for older engines. Peec AI is onboarding roughly 300 new customers every month due to this clear value proposition. The new funding will directly fuel this expansion pace.
The $21 million round also saw participation from Antler, Combination VC, identity.vc, and S20. Peec AI plans to hire about 40 new employees in the next six months. Most of these new roles will be based at their headquarters in Berlin.
Furthermore, the company intends to establish a sales-focused office in New York City by the second quarter of next year. This dual focus addresses both European growth and critical entry into the major US market. Competition is heating up, with firms like Profound and OtterlyAI already active in the GEO space.
Peec AI seeks differentiation through a simplified dashboard centered on tracking specific user prompts, rather than traditional keywords. The platform offers actionable advice, such as suggesting engagement in relevant subreddits to influence search outcomes. Major clients already include Axel Springer and Chanel, signaling broad industry adoption.
