7 years ago

Eigen Technologies Raises £13 Million Series A Led by Goldman Sachs and Temasek

  • Eigen Technologies, a UK-based artificial intelligence company for finance, law, and professional services, has secured £13 million in Series A funding co-led by Goldman Sachs Principal Strategic Investments (PSI) and Temasek

  • The company plans to use the funds for global expansion, including in Asia and the Americas, and continued investment in research and development

  • Eigen's technology automates the classification and extraction of unstructured data from documents and other text sources, converting it into analyzable structured data

  • The company currently employs 50 people across its London and New York offices.

      • ProblemTechnology

      "Extracting useful information from documents is a time-consuming and manual process for finance, law, and professional services firms. This leads to errors and slows down business processes."

      Solution

      "Eigen Technologies' AI-powered solution automates the classification and extraction of information from unstructured data sources like documents and emails, turning it into structured data that can be easily analyzed. "

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