2 years ago

Eilla AI Raises $1.5 Million for Generative AI Deal Flow Tool

  • Eilla AI, a British generative AI startup, has secured $1.5 million (£1.2 million) in seed funding to develop automation tools for investment firms

  • The platform automates tasks like market mapping, document creation, and offer comparisons, aiming to improve efficiency for financial professionals

  • Eleven Ventures led the round, with Fuel Ventures and its founder Mark Pearson also participating

  • Eilla AI plans to expand into Europe and America with the funding

  • The company claims over 50 M&A banks, VCs, and PE funds have used its software.

      • ProblemTechnology

      "Financial professionals waste significant time on mundane tasks like market mapping, document creation, and offer comparisons, hindering their ability to focus on strategic thinking and deal evaluation."

      Solution

      "Eilla AI offers a generative AI platform that automates these tasks, mirroring the actions of industry professionals to provide superhuman productivity and complete tasks in minutes instead of hours or days."

      Covered on