Kovalee Receives €8 Million Investment

Kovalee, a Paris-based company, has received an €8 million investment for its mobile app development platform. This investment will help app creators increase their success and boost their app store rankings.

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Kovalee

The mobile app market is still growing. This market has a wide range of geographies, segments and interests. As the popularity and demand for apps continues to grow, competition among app creators has become tougher and standing out from the crowd has become even more important. Kovalee is a Paris-based company that aims to help content creators gain a competitive advantage. This way, they can stand out from the crowd in the app market. Kovalee has raised €8 million in a Series A funding round for this purpose.

Kovalee's Series A funding round was led by IRIS, a digital startup fund led by digital startup fund, with participation from the likes of Alan Fung, King's former Chief Performance Marketing Officer, and Alexandre Berriche, co-founder and CEO of Fleet and Sequoia Capital scout. This round also included companies such as Breega and Bpifrance.

It's time to give the power back to talented app creators

Kovalee is a company founded in 2020 and specializes in non-gaming mobile app development leveraging AI, ML and proprietary prediction and automation technologies. Kovalee claims it can make any app a 'world leader' in its category. Kovalee's publishing model is based on long-term profit-sharing partnerships and collaborates with app creators. While app creators focus on content creation, Kovalee provides all the tools and expertise needed to scale an app throughout its lifecycle. These tools include User Experience (UX), User Acquisition (UA), App Store Optimization (ASO) and Monetization strategies.