The Irish artificial intelligence startup has raised €1.5m led by Elkstone to bring its finance assistant Mary to market.
"With the advent of LLMs, what was once unimaginable is now possible. AI’s capability to ingest and process vast amounts of unstructured data enables us to redefine the boundaries of productivity in the finance department. By taking on tasks that were previously too complex to automate, Mary elevates the role of finance teams and empowers them to engage in higher-value activities that require strategic thinking and creativity."
The funding round was led by Anotherway Ventures and Antler to support team growth and international expansion.
"We’re super proud to be investing in Peachies. It’s a great brand that represents and respects modern parents and the nappy market is crying out for more innovation and more sustainability."
The funding round was led by Fuel Ventures to support international expansion and product development.
"This fundraise is a recognition of the huge potential of ekko’s business, and the resonance of our mission. Welcoming investors of such calibre as Fuel Ventures, Sorven and Mishcon de Reya, is hugely encouraging. ekko is a very scalable business, and we’re looking forward to seeing the wider influence that this raise will have on our product growth and impact partners, too. The time to act on our current climate situation is now. With this raise, we aim to be the disruptor in the market and enable banks, fintechs, and payment providers to empower their customers to have a tangible and meaningful impact on our world."
