Tech Company Financing Transactions

Kodex AI Funding Round

Kodex AI, based in Berlin, raised $1.7 million from Signals Venture Capital, Deutsche Bank and private investors.

Transaction Overview

Company Name
Announced On
10/13/2023
Transaction Type
Venture Equity
Amount
$1,697,000
Round
Undisclosed
Investors

Signals Venture Capital (Lead Investor)

Deutsche Bank

private investors (Barney Hussey)

private investors (Karl Hermann)

private investors (Sabine Bendiek)

private investors (Tobias Hann)

private investors (Verena Rappel)

Techstars

Proceeds Purpose
The company intends to use the funds to expand its development efforts to empower financial professionals with its AI solution, powered by a purpose-built LLM.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Herrnhuter Weg 13
Berlin, 12043
DE
Phone
Undisclosed
Email Address
Overview
As fellow strategy consultants at Boston Consulting Group (BCG) back in 2018, Claus and Thomas observed that financial organizations employed many smart people who were slowed down by rote operational tasks such as data retrieval. After extensive research and late nights combing through countless reports, the idea to develop an AI co-pilot trained specifically for the financial industry was born.
Profile
Kodex AI LinkedIn Company Profile
Social Media
Kodex AI Company Twitter Account
Company News
Kodex AI News
Facebook
Kodex AI on Facebook
YouTube
Kodex AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Thomas Kaiser
  Thomas Kaiser LinkedIn Profile  Thomas Kaiser Twitter Account  Thomas Kaiser News  Thomas Kaiser on Facebook
Chief Technical Officer
Claus Lang
  Claus Lang LinkedIn Profile  Claus Lang Twitter Account  Claus Lang News  Claus Lang on Facebook


 

 

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Prev: 10/13/2023: Data Masters venture capital transaction
Next: 10/13/2023: Myenergi venture capital transaction

 

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