Aptus.AI, a Pisa, Italy-based regtech startup, raised €3M in Pre-Series A funding.
The round was led by VC P101, with participation from angels and Fin+Tech, the accelerator of CDP Venture Capital, which followed this round after also participating in the previous one.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Andrea Tesei and Lorenzo De Mattei, Aptus.AI is a regtech startup which aims to transform compliance activities from a mere obligation and cost center into a lever to generate business opportunities. To achieve this, it has developed proprietary SaaS based AI technology platform that generates machine-readable versions of legal documents, making all relevant national and European regulations easily accessible and consultable.
The company has already gained traction, securing clients such as Intesa Sanpaolo, Generali Investments, and MPS, while simultaneously initiating several pilot projects with industry players.
FinSMEs
27/11/2023
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