Capsa AI Secures £1.7 Million for Due Diligence Revolution
Capsa AI, a forward-thinking startup located in London, UK, is revolutionizing the landscape of due diligence within the private equity sector. Recently, the company secured an impressive £1.7 million in Seed funding, a round that was predominantly led by Outward VC. This fundraising effort also saw participation from several other players, including Cornerstone VC, Antler, and notable angel investors such as Chris Adelsbach. The funds raised are earmarked for crucial expansions within the company, particularly in terms of growing their team with a special focus on hiring talent in product engineering.
The co-founders of Capsa AI, Danyal Özdüzenciler and Callum Downie, have been instrumental in shaping the innovative AI operating system that the company offers.
This system empowers private equity fund investors by automating low-skill, time-consuming due diligence tasks. By delegating activities such as creating company profiles, extracting and consolidating financial data from various company records, analyzing financial performance, and reviewing customer contracts, investors can redirect their efforts towards more critical decision-making processes. This allows private equity investors to enhance the strategic aspects of their roles while leaving routine tasks to the advanced technology developed by Capsa AI.
Looking ahead, Capsa AI is poised to assist private equity funds in leveraging their historical deal data more effectively, thereby enabling them to make informed investment decisions. The scope of their services is impressive, targeting funds with a staggering total of over £30 billion in assets under management (AUM). This strategic focus not only promises to enhance operational efficiency within the private equity sector in the UK but also extends its impact across Europe and the United States. With their innovative approach and recent funding, Capsa AI is set to make significant strides in transforming how private equity firms conduct due diligence and manage their investment processes.
They've invested in Capsa AI
Get to know these AI investors
Click here for a full list of 6,908+ startup investors in the UK