Supersimple, a Tallinn, Estonia-based AI-native data analytics platform, has secured €2 million in pre-seed funding.
Investors
The round was led by Tera Ventures, with participation from Specialist VC, Tiny VC, and various angel investors, including notable figures such as the former CTO of Twilio and the founders of Sixfold and Grünfin.
Tera Ventures is an Estonian venture capital firm investing in early-stage born-global digital startups. Their goal is to discover world-class founders tackling big problems and support them on the way to becoming industry leaders. The firm also invests in Denmark, Sweden, Finland, Latvia, Lithuania, Poland, and the Czech Republic.
Supersimple Use of Funds
The funding will be utilized to accelerate customer growth and further advance the state of the art in explainable AI. The company aims to enhance its platform to empower users with highly specific data insights, revolutionizing the way enterprise software leverages AI in data analytics. Additionally, the investment will support the expansion of its team.
About Supersimple
Supersimple is a company that offers an AI-native data analytics platform designed to enable users to explore data and answer complex questions accurately in minutes. The platform combines a semantic data modeling layer with state-of-the-art explainable AI, providing users with reliable and consistent data to enhance their day-to-day workflows. Targeted primarily at teams within B2B SaaS companies, Supersimple empowers even non-technical members to delve beyond pre-built dashboards and extract valuable data insights to make informed decisions.
Funding Details
Company: Supersimple Technology OÜ
Raised: €2.0M
Round: Pre-Seed Round
Funding Month: April 2024
Lead Investors: Tera Ventures
Additional Investors: Specialist VC, Tiny VC
Company Website: https://www.supersimple.io/
Software Category: Business Intelligence
Source: https://www.eu-startups.com/2024/04/tallinn-based-supersimple-raises-e2-million-pre-seed-to-rethink-how-companies-work-with-structured-data/