Inven, a Helsinki, Finland-based startup that offers a financial data platform that harnesses AI to help M&A professionals find acquisition targets, raised €1.5 million in a seed funding round led by Lifeline Ventures.
The funds will be used to build its team and take customer acquisition to the next level. The startup offers a financial data platform that harnesses AI to help M&A professionals find acquisition targets.
“We’re on a mission to offer the most intelligent and intuitive tool to find and analyze companies,” says Tommi Kupiainen.”We’re excited about the impact our software can have on the M&A industry, and we’re grateful for the support of our investors and customers.”
Inven has already published the first version of its software and is actively developing it with its customers.
The company is on a mission to revolutionize the financial industry by leveraging the latest AI and NLP models to streamline the tedious and time-consuming tasks faced by M&A professionals, freeing them up to focus on more critical work.
Company: Search Co oy
Raised: €1.5M
Round: Seed Round
Funding Month: March 2023
Lead Investors: Lifeline Ventures
Additional Investors:
Company Website: https://www.inven.ai/
Software Category: Financial Data Platform
About the Company: Founded in 2022 by Ekku Jokinen, Niilo Pirttijärvi, and Tommi Kupiainen, Inven is an AI company that develops B2B SaaS solutions for M&A, private equity, and management consulting professionals. The company leverages the latest AI and NLP models to analyze millions of websites and extract relevant business data, making it easy for professionals to find and analyze companies operating in any niche. Inven offers a solution that analyzes millions of websites and data sources, and organizes this data, providing intelligent insights and recommendations. Inven helps you find the information you need quickly and easily, so you can make informed decisions without wasting time on manual research. Inven is headquartered in Helsinki, Finland.
Source: https://arcticstartup.com/inven-raises-e1-5m-seed/