iGenius, a Milan, Italy-based Artificial Intelligence company focused on software to simplify people and data relations, announced it raised $7m in angel funding during an 18 month period.
The company intends to use the funds to expand its R&D efforts to develop proprietary technology, grow the team with over 30 hires expected in Italy and Switzerland, and continue to grow the business.
Founded by Uljan Sharka, iGenius had developed and launched crystal, a data intelligence virtual advisor customizable for companies with any source of data, such as Marketing, CRM, Sales and IOT, to analyze, interpret and make it available via natural language.
It was built in collaboration with Facebook, Google and Twitter.
The company, which currently has a team of over 50 people distributed in 4 offices in Italy, USA, UK and Switzerland, serves over 20.000 brands in 20 countries in such sectors Media and Advertising, Healthcare, Energy, Sport, Finance and ICT.