techspert.io, a Cambridge, UK-based AI technology innovator that connects businesses with experts for domain-specific industry insights, secured $12 million (nearly £8.8 million) in Series A funding.
The round was led by BGF, the most active growth capital investor in the UK and Ireland, and existing investor Nauta Capital.
techspert.io will use the new investment to transform the platform, expand into new expertise verticals including consumer goods, technology, media, and telecommunications, and enable customers to get instant expert recommendations. Also, it will provide experts with a more convenient way to manage their expert engagements.
Company: techspert.io
Raised: $12.0M
Round: Series A
Funding Month: October 2021
Lead Investors: BGF
Additional Investors: Nauta Capital
Company Website: https://techspert.io/
Software Category: AI-powered expert network
About the Company: techspert.io was born out of the frustration felt by the founders, Graham and David, during their time working in investment funds and healthcare companies respectively, where they faced challenges in identifying who the real world-leading experts were in the niche but rapidly evolving fields. Teaming up with computer scientists, they began applying AI and machine learning to redefine the way knowledge and expertise are identified and accessed globally. Techspert.io enables effective knowledge exchange by connecting the right minds to our customers' projects. Its artificial intelligence (AI) technology analyses billions of online data points to unearth relevant, qualified subject matter experts worldwide to support businesses with expert insights. The team has grown to include creative, innovative, and ambitious professionals from many disciplines, working together to build a platform that understands the world's knowledge, connecting our customers to precisely the right expertise every time.
Source: https://www.uktech.news/news/cambridge-ai-startup-techspert-io-funding-20211005