Owlin, an Amsterdam, The Netherlands-based AI-driven text and news analytics platform for the financial industry, secured $3.5m in funding.
Velocity Capital FinTech Ventures made the investment.
The company intends to use the funds to accelerate its growth internationally, especially in the UK and the United States.
Led by Sjoerd Leemhuis, CEO, Owlin provides a natural language text and news analytics platform to monitor the user’s environment proactively, continuously and in real-time. By tapping into more than 3 million global sources, in over 11 different languages, the platform boosts visibility and transparency of key risk events, trends and opportunities. Users can visualize data-driven trends on global indices, industry sectors, themes, and companies, see trends emerge within a specific industry or over time, inspire clients with a white-labeled showcase dashboards, websites, and widgets.
Clients use Owlin for business opportunities, risk management, research or leveraging their business case by integrating the platform with their end user solutions.
International clients include Fitch Ratings, Adyen, Deutsche Bank, ING and KPMG.