Deckmatch Raises €2.9 Million in Seed Round

by Kay Aloha Villamor in November 12th, 2024

Deckmatch, an Oslo, Norway-based provider of an AI platform focused on streamlining private market workflows, has raised €2.9 million in seed funding. 

Investors 

The oversubscribed round was co-led by Alliance VC and Luminar Ventures, along with First Degree Capital and Skyfall Ventures. 

Alliance VC is a Nordic venture capital firm that invests in exceptional early-stage tech companies and purpose-driven founders with global ambitions. The firm was founded in 2001 and is based in Oslo, Norway. 

Luminar Ventures is a VC firm focused on seed-stage startups across the Nordics, providing experienced seed financing and active operational support to Nordic-based early-stage technology companies looking to disrupt or transform major industries. 

Deckmatch Use of Funds 

The funding will fuel the company's international expansion, including a new office in Palo Alto, California. 

About Deckmatch 

Founded in 2023 by Leo Gasteen and Dr. Walid Mustapha, Deckmatch provides a suite of APIs that automate private market workflows, including converting pitch decks into structured data for easy integration with CRM systems. Their new product, AlphaLens, is an AI search engine that enhances market analysis by focusing on products rather than just companies, offering deeper insights into competitive landscapes. Deckmatch serves nearly 30 clients worldwide. 

Funding Details 

Company: Deckmatch, Inc. 

Raised: €2.9M 

Round: Seed Round 

Funding Date: November 2024 

Lead Investors: Alliance VC, Luminar Ventures 

Additional Investors: First Degree Capital, Skyfall Ventures 

Company Website: https://www.deckmatch.com/  

Software Category: Deal Flow Analysis 

Source: https://www.eu-startups.com/2024/11/oslo-based-deckmatch-secures-e2-9-million-to-drive-ai-powered-deal-flow-analysis/ 

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