AiFlow, a San Francisco, CA-based company that provides AI-powered market research platform catering to private equity firms, completed the seed funding round.
The investment round will enable AiFlow to bolster its advanced technology, which is currently being piloted by three large-cap private equity firms with combined assets under management (AUM) of $300 billion. This latest investment is anticipated to further spotlight the importance of large language models.
"Our models process and analyze vast amounts of data, including customer reviews and mass web data, in a matter of seconds," said Nick Manske, Co-Founder and CEO of AiFlow.
"Our software compiles data that would take an entire team of analysts weeks to gather," he said. "We are also less biased. We don't care whether a deal moves forward or not. AI doesn't care about carried interest or success fees."
AiFlow aims to transform how private equity firms conduct competitor analysis and market research. The company has already demonstrated substantial traction by being admitted to the Y-Combinator Winter 2023 Batch and successfully launching its MVP within a few months.
Company: AiFlow, Inc.
Round: Seed Round
Funding Month: April 2023
Lead Investors: Undisclosed
Company Website: https://aiflow.solutions/
Software Category: AI-driven Market Research Platform
About the Company: Founded by Nick Manske and Josh Gardner, AiFlow is an AI-driven market research platform designed to automate competitor analysis and market research for private equity firms. AiFlow uses Large Language Models to help private equity firms automate diligence. AiFlow models surface quotes and data for investors, reducing the pain of digging through hundreds of documents. The company's mission is to transform the way private equity firms access, process, and analyze data, replacing traditional analyst roles with state-of-the-art AI technology.