Eilla AI, a London, UK-based generative AI platform designed to assist M&A, venture capital (VC), and private equity (PE) professionals with financial research, analysis, and document creation, raised $1.5M in Seed funding.
The round was led by Eleven Ventures and supported by Fuel Ventures, with additional investment from Mark Pearson, Founder & Managing Partner at Fuel Ventures, in an individual capacity.
The company intends to use the funds to expand operations and its business reach.
Led by Petar Petrov, Nikola Lazarov and Nikolay Babulkov, Eilla AI is an Artificial Intelligence platform designed to power the M&A, VC and PE deal workflow by automating mundane tasks and supporting complex decision making. Its technology mirrors financial professionals with the use of Generative AI to analyse large volumes of case-specific data, reducing the time spent on daily processes to a couple of minutes.
FinSMEs
09/11/2023