Capsa AI, a London, UK-based startup transforming due diligence in private equity, has raised £1.7 million in seed funding.
Investors
The round was led by Outward VC, with participation from Cornerstone VC, Antler, and high-profile angel investor Chris Adelsbach, along with senior professionals from leading private equity firms and tech unicorns.
Founded in 2017, Outward Venture Capital is a venture capital firm based in London, United Kingdom. The firm is a fintech-focused fund that invests in early-stage (seed to series A) startups throughout the UK and EU.
Capsa AI Use of Funds
The company will use the funds to expand the team, hire product engineers, enhance features, and develop AI models while targeting new markets.
About Capsa AI
Founded by Danyal Özdüzenciler and Callum Downie, Capsa AI has developed an AI operating system that allows investors at private equity funds to ‘delegate’ the manual, low-skill due diligence tasks that traditionally take up to 25 percent of their time. Capsa AI automates manual due diligence tasks such as creating company profiles, consolidating financial information, and analyzing performance. The company aims to help private equity funds leverage historical deal data for better investment decisions.
Funding Details
Company: Capsa AI Ltd.
Raised: £1.7M
Round: Seed Round
Funding Date: September 2024
Lead Investor: Outward VC
Additional Investors: Cornerstone VC, Antler, Chris Adelsbach
Company Website: https://www.capsa.ai/
Software Category: AI Private Equity Solutions
Source: https://tech.eu/2024/09/06/london-startup-capsa-ai-raises-ps17m-for-ai-driven-private-equity-solutions/