Lithuania-based TrackDuck raised €200,000 in its seed funding round, TechCrunch reported.
Kima Ventures and Practica Capital led the round which represents the first investment Kima Ventures has made in Lithuania. It is also the first investment it had made together with Practica Capital. Kima Ventures pours small amounts and engage in hundreds of seed rounds each year in Europe and the Middle East, the report said.
A visual feedback provider for web design and development, TrackDuck enables customers of freelancers and small enterprises give feedback on the website they have asked the developer to make right on the site itself. TrackDuck does away with the need to install the program nor do users need to learn how to use new software, the report said.
Kima's Jeremie Berrebi told TechCrunch, "TrackDuck solves a very big pain point for web developers and lets them improve their relationships with their customers by making communication easier." The startup said there are around 4,000 users in its platform coming from 88 countries. The first clients that have paid to use the service come from Germany. It has already integrated with Basecamp with Jira following next week, the report said.
TrackDuck's rivals in the space are Austria-based UserSnap and Australia-based and 500 Startups graduate BugHerd. However, TrackDuck founder Eddy Balcikonis is quick to point out that they offer users "more and better functionality." He told TechCrunch, "[We] cover all needs of feedback and bug tracking. For the whole process of web design and development, from mockups to prototype, to live website feedback from all website visitors. And we're way cheaper."
Information from its website showed that TrackDuck offers three different packages. The freelancer package costs $9 a month while the digital agency package costs $19 a month. The package for large companies costs $49 per month.
The one-year old startup has a workforce of seven people with three stationed in Lithuania, another three in Belarus and one in Singapore, the report said.
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