Scavenger AI, a Frankfurt, Germany-based data analytics and AI startup, raised €1.1M in Pre-Seed funding.
Backers included HTGF, Calm/Storm Ventures, Femventix, and the B4i Fund.
The company intends to use the funds to to expand its team and develop the technological infrastructure to meet current customer requirements and launch the software on the market.
Founded by Maximilian Hahnenkamp and Felix Beissel, Scavenger AI develops three proprietary AI tools, linked in a workflow, which allow companies to make the best possible decision under any circumstances based on their data. The software cleanses the data, automatically analyses it statistically based on the user’s questions and presents the analysis in simple language. Finally, all mathematical results are enriched with industry data and presented in the form of a dashboard.
FinSMEs
11/04/2024