StrategyBridge funding news – StrategyBridgeAI has Secured Oversubscribed Seven-Figure Pre-Seed Funding
Dec 3, 2024 | By Kailee Rainse
The Munich-based B2B fintech startup StrategyBridgeAI has successfully closed an oversubscribed seven-figure pre-seed financing round. The round was led by D11Z.
SUMMARY
- The Munich-based B2B fintech startup StrategyBridgeAI has successfully closed an oversubscribed seven-figure pre-seed financing round. The round was led by D11Z.
- StrategyBridgeAI was founded in Munich in 2022 and enables automated, data-driven analyses for companies of all sizes and industries worldwide.
Ventures with participation from Bayern Kapital and renowned business angels from the fintech, software and private equity sectors, including Kai Hesselmann, Co-Founder of DealCircle. With the new capital, StrategyBridgeAI plans to accelerate product development and further expand its market presence.
The goal is to revolutionize business analysis in the corporate finance industry and set new standards for efficiency and precision.
Read also - Alstin Capital funding news – Munich-based Alstin Capital has Secured €175 Million in Funding
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Team SR
Nov 17, 2023
Innovation for an industry in transition
StrategyBridgeAI was founded in 2022 by investment banking, asset management and big tech professionals who know first-hand the challenges of business analysis.
Current processes are often inefficient, manual and error-prone, resulting in high costs, delays and subjective decisions. StrategyBridgeAI's platform solves these problems by using state-of-the-art AI and financial mathematical models that automate data analysis in a robust and transparent way. This enables finance professionals to make well-founded decisions faster, more precisely and more systematically.
Deniz Schütz, CEO & Co-Founder of StrategyBridgeAI: „Business analysis today requires far more than just financial expertise. 'Without data, you are just another person with an opinion.' Our software brings structure and transparency to the flood of public data, saves valuable time and makes it usable for the individual company - and lifts the corporate finance industry into a new era in which financial experts also become data experts.”
Expansion of the company analysis platform and market reach StrategyBridgeAI has increased its recurring customer base fivefold in the last 12 months and acquired numerous new customers from the M&A, private equity, audit and corporate banking markets.
In addition to establishing itself in the transaction business, the company plans to expand its collaboration with banks and auditing firms in particular in 2025 in order to open up further areas of application.
Louis Flach, Co-Founder and COO/CFO said, "We see the use of AI gaining momentum in our industry every day and want to equip even more professionals with precise tools that simplify complex analyses and support informed decisions“.
With the new capital, StrategyBridgeAI will drive the scaling of the business analytics platform, develop new features and significantly expand its market reach - bringing it one step closer to its vision of becoming the new market standard for business analytics in the corporate finance industry.
Patrick Schmitt, Principal at D11Z. Ventures: “StrategyBridgeAI has the potential to fundamentally change the way business analysis is conducted. By combining AI with a deep understanding of industry needs, the team is creating a previously underrepresented and visualized foundation for their clients to make data-driven decisions. We are proud to support Deniz & Louis' vision as lead investor.”
Kai Hesselmann, Co-Founder at DealCircle: „StrategyBridgeAI is an impressive platform that shows how technology can revolutionize traditional processes. In an industry characterized by manual workflows and inefficiencies, StrategyBridgeAI provides much needed progress. I am convinced that this solution will permanently change the way business analysis is conducted, setting new standards for accuracy and efficiency."
About StrategyBridgeAI
StrategyBridgeAI was founded in Munich in 2022 and enables automated, data-driven analyses for companies of all sizes and industries worldwide. Users include M&A and strategy consultants, private equity investors, auditors and commercial banks. By using state-of-theart AI and financial mathematical models, StrategyBridgeAI enables increased efficiency, standardization of complex processes and deeper insights for informed decisions.