Funding

Refreshworks.ai funding news – A partner in AI business transformations Refreshworks.ai Secures €750k in Funding

May 13, 2024 | By Startup Rise EU

The Hague-based Refreshworks, a partner in AI business transformations secures €750k in funding. Eleven angel investors in all, with expertise in technology, safety, compliance, and consulting, took part in this round.

SUMMARY

  • The Hague-based Refreshworks, a partner in AI business transformations secures €750k in funding.
  • Eleven angel investors in all, with expertise in technology, safety, compliance, and consulting, took part in this round.

The Hague-based Refreshworks, a partner in AI business transformations secures €750k in funding. Eleven angel investors in all, with expertise in technology, safety, compliance, and consulting, took part in this round.

With the support of this finance, the business is dedicated to expanding and achieving its goal of making the Dutch business community a leader in the fourth industrial revolution.

In the modern world of swift change and heightened commercial competition, implementing Artificial Intelligence (AI) is essential to success. Diederik Klever and Ebel Slijp, two Dutch businessmen, formed Refreshworks, which has led the way in this new field of technology.

By providing them with the necessary information, tools, and technology, this Hague-based company has been assisting Dutch companies and organisations in their AI transformation journey since 2016.

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Refreshworks creates AI technologies and provides consulting services to its clients. The potential implementations and their effects are mapped using business scanning, and a strategy, roadmap, and implementation plan are then created.

Then, to facilitate implementation and provide the best possible assistance during the transition, temporary teams of AI architects and engineers are assigned to the teams of the customers. Refreshworks also provides training to its clients' staff members to ensure that the AI skills required for a successful transition are embraced.

Refreshworks sets itself apart with a special blend of in-depth knowledge, track record of success, and client-focused methodology. The business was recognised as one of the fastest-growing in the Netherlands last year after winning an FD Gazelle Award.

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Since its establishment, Refreshworks has taught over 2,500 individuals and partnered with over 250 businesses, such as Girav, Brunel, and AkzoNobel. With the use of technology, the organisation has increased its commercial effect by almost €120 million. This track record attracted well-known figures to become shareholders, including Simon Neefjes, the creator of TBWA\NEBOKO.

Simon Neefjes, "AI deployment is essential for companies that want to be and stay competitive, by introducing new working methods and accelerating existing ones." Over the past few years, this has been very evident to me. Refreshworks is equipped with the know-how to assist businesses adopt all the instruments required for success as well as to expose them to AI.

Ebel Slijp, founder and Managing Partner of Refreshworks, added: “We are convinced that action must be taken to broadly integrate AI into the Dutch business community. Over the past decade, the decision to integrate AI was limited to a few daring companies, now it’s a ‘must’. AI does not only offer ambitious companies great opportunities for growth and innovation, it also constitutes a crucial element for maintaining the Dutch standard of living, and establishing our future role in the global economy that our mission to make the Netherlands a market leader in AI is widely supported by our clients and financiers. We can’t wait to guide and support even more companies in their AI transformation.”

About Refreshworks

Refreshworks, the AI business transformation partner. Their goal is to use artificial intelligence (AI) as the catalyst to make the Netherlands a co-explorer in the fourth industrial revolution. They support cost-cutting and business growth.

The go-to partner for start-ups, scale-ups, and corporates, including Girav, Aegon, Sunrock, Unilever, DSG, Marie-Stella-Maris, and AkzoNobel.

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