Helsinki-Based Finnish AI Startup Inven Raises €11.2 Million In Series A Round

The money will help them hire more people and expand to the US. They are building an AI-powered platform to find private market deals worldwide.

The funding was led by Ventech, a European early-stage venture capital firm, and Vendep Capital, which invests in B2B software in the Nordics.

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Angel investor Risto Siilasmaa, founder of F-Secure and former Nokia Chair, also joined. Existing investors Lifeline Ventures and Joint Effects took part as well.

“At Inven, we’re building the AI backbone of global deal sourcing. Deal sourcing has traditionally been labor-intensive and inefficient, especially in private markets where opportunities are dispersed and often hidden. AI is making the process faster, while revealing opportunities that were once invisible, giving M&A professionals a true competitive edge. This new funding fuels our mission to reimagine how the world’s best deals are found, evaluated, and closed,” said Niilo Pirttijärvi, CEO and Co-founder of Inven.

Inven uses data on 21 million companies to help M&A teams find, study, and connect with the best deals much faster — up to 10 times faster. Over 700 private equity firms, investment banks, consulting companies, and venture capitalists use Inven.

As global markets get more unpredictable and crowded with many companies, Inven says old ways of finding deals don’t work well anymore.

These old methods are slow, done by hand, and rely on outdated databases. That makes them a poor fit for fast-moving markets. Inven’s AI platform solves this by constantly tracking and analyzing a network of over 21 million companies.

“We’re building AI that transforms how high-velocity teams make better decisions. In fast-moving environments, teams don’t have time to dig through scattered and noisy data. They need systems that know what matters and that have all necessary data in one place. That’s why we’re designing Inven as an intelligence layer that filters out noise, and brings the right insight to the surface before it’s even asked for,” said Tommi Kupiainen, CPO and Co-founder of Inven.

Inven helps investment bankers, private equity firms, and financial consultants work faster and smarter. It reduces the time it takes to find deals and improves how accurately they find the best opportunities—whether they are looking for investments, studying new markets, or discovering new possibilities.

“From the start, we were struck by Inven’s deeply talented, mission-driven team led by Niilo, Tommi and Ekku, and the perfect product-market fit they’ve already validated with customers. Their undisputed first-mover advantage, built on proprietary AI-powered data extraction, and proven traction position them to transform the $12.6 billion M&A data market. By extending their platform from intelligent deal sourcing into due diligence, investment data and CRM, Inven is set to own the full lifecycle of M&A intelligence. At Ventech, we are proud to work with Inven’s amazing people and support their international growth journey on the Board,” commented Tero Mennander, General Partner at Ventech.

Inven is growing fast and now works with over 700 companies in the Americas and Europe, including Fortune 500 firms. The company has grown 670% compared to last year.

With new funding, Inven plans to double or triple its team in the next 12 to 18 months. They will expand their AI, product, and customer support teams. They also want to grow in North America and other important financial cities worldwide, aiming to become the go-to platform for finding private market deals.

“Having followed Inven’s journey for a while, we became increasingly excited by their deep domain expertise combined with fast execution across both sales and product. Their trajectory so far has been nothing short of exceptional, and we’re thrilled to back such a driven and visionary team as they enter the next phase of their journey,” said Sami Ahvenniemi, General Partner at Vendep Capital.

About Inven

Inven was started in 2022 by former McKinsey and BCG consultants. They are solving a big problem in private markets: finding good deals. Inven’s AI-powered platform helps users discover opportunities in the global private market.