Eilla AI secures $1.5M funding to revolutionize financial research
Eilla AI, a London, UK-based generative AI platform, has recently secured $1.5M in Seed funding. This platform has been specifically designed to assist professionals in the M&A, venture capital (VC), and private equity (PE) industries with various financial research, analysis, and document creation tasks. The funding round was led by Eleven Ventures and received additional support from Fuel Ventures, with individual investment from Mark Pearson, Founder & Managing Partner at Fuel Ventures. With the newly acquired funds, Eilla AI plans to expand its operations and reach in the market.
At the helm of Eilla AI are Petar Petrov, Nikola Lazarov, and Nikolay Babulkov.
This Artificial Intelligence platform aims to streamline the M&A, VC, and PE deal workflow by automating time-consuming tasks and providing support for complex decision-making processes. The platform utilizes Generative AI to analyze large volumes of case-specific data, effectively reducing the time spent on daily routines to just a few minutes. By leveraging this technology, financial professionals can focus on more crucial aspects of their work, ultimately increasing productivity and efficiency within the industry.
Eilla AI's innovative approach to financial research and analysis has attracted significant attention from investors. The $1.5M Seed funding, led by Eleven Ventures, showcases the growing confidence in the platform's potential. The support from Fuel Ventures, along with the individual investment by Mark Pearson, further validates Eilla AI's mission to revolutionize the industry through the power of AI. As Eilla AI expands its operations and business reach, it is poised to become a leading player in the M&A, VC, and PE sectors, empowering professionals and transforming how they conduct financial activities.
| Business Name | Eilla AI |
| Website | eilla.ai |
| Location | London (UK) |
| Market | AI |
Team
| Role | Name |
|---|---|
| Founder | Petar Petrov |
| Founder | Nikola Lazarov |
| Founder | Nikolay Babulkov |
Investors
| Role | Name |
|---|---|
| Investor | Eleven Ventures |
| Investor | Fuel Ventures |
| Investor | Mark Pearson |
