Ukrainian startup Getpin has raised USD 400,000 in investment from Czech fund Presto Ventures

The startup’s main product is a marketing tool that helps advertising agencies and other product companies, as well as customers, to find goods or services in their vicinity.

The programme is designed for businesses with physical outlets and the funds raised will be used to scale Getpin in Central and Eastern Europe. The funds will also be used to enter the Latin American market.

Currently, more than 100 small and medium-sized enterprises in Central and Eastern Europe use the Getpin tool, including well-known companies such as Nova Poshta, Oschadbank, Stihl and Fora. The Getpin team consists of 27 specialists from Ukraine, Poland, Germany, Spain and Romania and plans to expand.

One of the most powerful ways to communicate that foreign businesses can and do operate successfully in Ukraine is through the voices that matter most to potential investors – those of other businesses.
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