Algori

algori.ai ↗ ·Madrid ·Series A

Algori is a Madrid-based purchase and behavioural data platform that reinvents the traditional FMCG consumer panel, collecting SKU-level basket data directly from shopper receipts via its consumer apps and enriching it with AI so brands and retailers get near real-time insights instead of waiting weeks. It runs Spain's largest shopper panel with ~45,000 weekly active shoppers and ~25,000 daily baskets, serving most of Spain's top 15 grocery chains and 20+ manufacturers including L'Oréal, Coca-Cola and Tetra Pak. Founded in 2019 with an engineering subsidiary in Vilnius, it has raised €7.5M total — a €3.3M seed in July 2023 and a €3.6M growth round in December 2025 backed by Red Bull Ventures — and is expanding into Poland, Germany, France and Latin America.

Founded
2019
Founders
4
Total funds raised
€7.8M
Rounds
3
Investors
12
Last round
Dec 2025
SectorsAI & Data, Consumer Analytics, Market Research, Retail Tech, FMCG Start-up MapAI & Data › AI marketing & consumer insights

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Founders

Andrius Juozapaitis
Co-Founder & CEO
Balys Baltakis
Co-Founder & Chief Data and Product Officer
Lina Beinortaite
Co-Founder & Head of Partnerships
Lina Beinortaitė
Co-founder

Global models 4

Fetch
United States · fetch.com ↗
Collects shopper receipts at scale through a consumer rewards app and earns money from CPG brands through purchase insights and targeted offers built on that basket data.
$600MComparable
Ibotta
United States · ibotta.com ↗
Raised this VC before its 2024 IPO. Gathers item-level purchase data through receipt capture and retailer links in its consumer app, then sells performance marketing and insights to CPG brands.
$95MComparable
InfoScout
United States
Built a receipt-scanning consumer panel (Receipt Hog) that gave CPG brands and retailers SKU-level shopper insights (merged into Numerator in 2017).
$20MComparable
Snapcart
Indonesia · snapcart.global ↗
Runs a receipt-scanning shopper app that feeds a real-time FMCG purchase panel sold to brands and retailers as an alternative to traditional consumer panels.
$10MComparable

In the same niche 30 others

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Notes: Most funded first

Investors 12

Open as list →
Shilling
www.shilling.vc
2 rounds, led 1 · 2023–25 Portugal
Clave Capital
clavemayor.com
Series A 2025 Spain
Change Ventures
3 rounds, led 2 · 2021–25 Estonia
Flashpoint VC
2 rounds · 2023–25 United Kingdom
Jared Schrieber
2 rounds · 2023–25 Hungary
Andrius Šlimas
Seed 2021 Lithuania
AttaPoll
Series A 2025 United Kingdom
Co-Invest Capital
Series A 2025 Lithuania
Firstpick
Series A 2025 Lithuania
Martin Villig
Seed 2021 Estonia
Red Bull Ventures
Series A 2025 Austria
Coinvest Capital
Investor Lithuania

Funding rounds 3

DateRoundAmountLead
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