KYP.ai, a Berlin, Germany-based provider of a data-driven insights platform for process automation, raised EUR 17.5M in Series A funding.
The round was led by OTB Ventures, with participation from existing investors 42CAP and Tola Capital.
The company intends to use the funds to scale its operations in the US as well as to deepen its customer base and operations in Europe, India, Singapore and China.
Founded in 2018 and led by CEO Adam Bujak, KYP.ai applies artificial intelligence (AI) to collect and surface productivity insights for enterprises such as DHL, Mindsprint BPS, Hollard, Qinecsa, Allied Global and Alorica to improve their top and bottom line. The Productivity 360 platform provides organisation-wide, live visibility at scale across all business software platforms and systems, generating real-time insights to boost productivity.
FinSMEs
21/09/2023