We are happy to announce Simya VC’s new investment in Juphy! As previously announced, 212 began its startup investments at Simya VC in April. We are proud and overjoyed to share news of our 4th investment from April to September. Juphy is an artificial intelligence-based B2B SaaS startup enabling e-commerce companies to provide effective customer support on their social media channels and increase sales. Over 2,000 companies in 98 countries, mainly North America, use Juphy, founded in 2019.
Can social messaging be a powerful sales tool?
Juphy transforms social messaging into a powerful sales channel for its users. Businesses struggle with three major problems when they sell on social channels:
1. They often lack information about the true identities of social media users beyond their usernames.
2. Tracking conversions and website actions of potential buyers on social media can be challenging.
3. Retargeting social media users without ads is both costly and highly competitive.
At this stage, Juphy steps in, bringing together social conversations, recognizing potential buyers, and making sales through personalized messaging using Juphy’s data-driven, artificial intelligence-supported social sales platform.
Data-driven sales and support platform for social channels, Juphy
Juphy transforms social messaging into a powerful sales channel for businesses. They provide a solution that identifies potential buyers on social conversations, monitors the purchase history and browsing history of social media users when they visit a business’s website and enables companies to segment and retarget social media users on a personal level via messaging to increase sales and improve effective communication. Juphy’s customers include Wise, Estee Lauder, and Greenpeace.
Why did we invest in Juphy?
In recent years, G2, America’s largest B2B SaaS review platform, has repeatedly recognized Juphy as the top product for ease of use. Since day one, Juphy, which has been able to conduct global sales, boasts a customer satisfaction score of 4.8 out of 5 based on over 1,000 customer reviews on platforms like G2, Product Hunt, and AppSumo. Juphy’s investment aligns with Simya VC’s thesis of supporting startups with global growth ambitions and a focus on succeeding globally. Additionally, we accepted Juphy into our partner Alchemist Accelerator program. As we always emphasize, the alignment of the founding team in early-stage startups is one of the most critical keys to success. We congratulate the founders of Juphy, Alara Eren, Osman Erdi Balcıoğlu, and Eyüp İbişoğlu, who bring their diverse founding experiences to Juphy.
Welcome to the Simya VC Portfolio, Juphy!
Partner, Simya VC