The funding round was led by Alliance VC, with participation from Skyfall Ventures and several strategic angel investors. The company, which has been running a closed beta test with around 60 VCs, plans to expand its technology to other industries such as recruitment and procurement. Deckmatch envisions a future where decision-making processes in venture capital and other industries are data-driven, freeing up more time for strategic and human-centric endeavors.
Key takeaways:
- Deckmatch, a company that uses AI to filter pitch decks for venture capitalists, has raised €1 million ($1.1 million) to expand its technology.
- The company's technology turns unstructured data from pitch decks into structured data that can be used to match with a VC's investment criteria.
- Deckmatch is currently in a closed beta test with around 60 VCs and plans to use its funding to further develop its AI and machine learning capabilities.
- The company plans to expand its technology to other industries such as recruitment and procurement in the future.