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HomeFunding London-based Sentify Secures over $1.1 Million in Pre-Seed Round Funding

[Funding alert] London-based Sentify Secures over $1.1 Million in Pre-Seed Round Funding

London-based Sentify secures over $1.1 million in pre-seed round funding. The joint vision of Dimi Ilias, the former Meta member, George Pastakas, the former Revolut member, and Alex Marantelos, the former Confluent member, led to the founding of Sentify.

London-based Sentify secures over $1.1 million in pre-seed round funding. The joint vision of Dimi Ilias, the former Meta member, George Pastakas, the former Revolut member, and Alex Marantelos, the former Confluent member, led to the founding of Sentify.

The three Greek nationals began their professional careers in London and have since left their lucrative positions at well-known computer companies.

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The Sentify platform provides an interactive, real-time interface that turns text data that is idle into useful intelligence. It can identify inefficiencies and inaccuracies in LLM products as well as expose consumer behaviors, user intents and action inferences, and product usage patterns.

With Adam Shuaib joining the board, Episode 1 led the round and received assistance from 500 Emerging Europe in addition to a small group of elite angel investors.

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Sentify is currently working on improving its platform in a closed beta stage, with plans to go live publicly by the end of Q1. With ten successful pilots currently ongoing and over forty organizations expressing interest in using the platform, there is already a great deal of interest.

Adam Shuaib of Episode 1 commented on the investment: “Generative AI is poised to be a multi-trillion dollar industry. Sentify’s unique approach to LLM analytics positions it as a standout solution for businesses looking to leverage the benefits of LLM to provide actionable data. We are pleased to be supporting them on this journey and look forward to their public launch in the coming months.”

Enis Hulli, Partner at 500 Emerging Europe, commented: “After venturing into numerous LLM-first investments, it became evident that a tool like Sentify was essential.

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Once we met the team, investing in them was an obvious choice. The combined skill set of Dimi, Alex, and George is so diverse that it encompasses almost every role and function within an organisation.”

Sentify CEO, Alex Marantelos, added: “This funding is not just a financial milestone but an important step towards enabling the next generation of modern businesses to fully harness the capabilities of LLMs, innovate, and build great Gen AI products. We are committed to delivering a best-in-class product to our clients, unlocking valuable time and resources across their teams, enabling them to allocate their top talent and resources to what truly matters – developing outstanding products and experiences based on our insights to their customers. We are committed to continual innovation, with plans to augment our platform capabilities with prescriptive and predictive analytics, ensuring our customers get quicker and deeper insights on the platform over time.”

About Sentify’s

Sentify’s goal is to provide organizations with more insights into their users’ experiences and conversations with LLM products so they can better leverage the power of generative AI. Teams may enhance internal business decisions, product development, and customer experience with their exclusive NLU technology.

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