Custodea Raises €350K Seed Funding to Help European SMEs Take Control of Their Data

Custodea helps SMEs bring their business data together in one place. The platform is designed to make it easier for companies to access and manage information from different business systems.

Many SMEs keep their data across different tools for accounting, customer management, HR and other business functions. This can make it difficult to get a complete and up-to-date view of the business.

Custodea aims to solve this problem by reducing the need for manual data exports, spreadsheets and information collected from different teams. Its platform helps businesses centralise their data and manage it more efficiently.

"With Custodea, I want to help close the technology gap between large corporations – with large budgets and dedicated data teams – and SMEs. Data is power, and with Custodea, we are putting that power into the hands of SMEs: data they fully own, stored and managed within the EU and ready to power AI. We are launching SMEs into the AI era," said Aerts.

Custodea is designed to give businesses more control over their data. The company says its data connections are read-only by default while customers can decide who can access their information and remove access whenever they want.

Custodea’s infrastructure is fully based in the European Union. This allows SMEs to keep better control of their business data while continuing to use the software tools they already use.

Many European businesses use software that depends on cloud infrastructure operated by US-based companies. Custodea is positioning its EU-based infrastructure as an alternative for businesses that want their data to remain within Europe.

The new funding will help Custodea launch its platform and expand into more European markets. The company plans to use the investment to scale its service and reach more SMEs across Europe.

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