Assiduous secures €1m to expand its artificial intelligence corporate finance platform.
The oversubscribed round was backed by Enterprise Ireland and private investors to accelerate product development.
≈ £854K at €1 = £0.8537 on 15 Apr 2025
Assiduous provides an AI-powered virtual corporate finance advisory platform designed to help small and medium-sized enterprises access capital markets.
Dublin-based tech startup Assiduous has secured €1m in an oversubscribed funding round to advance its artificial intelligence platform. The investment was backed by Enterprise Ireland alongside a collective of seasoned business owners and executives.
Fresh capital will be channelled into product development and technical expansion through 2025 and 2026, with a strong focus on recruiting top engineering talent in agentic AI. The company aims to broaden access to financial markets for small and medium-sized enterprises through its flagship Corporate Finance Autopilot.
The round follows the firm's participation in the EIT Digital Open Innovation Factory, which has also facilitated a strategic collaboration with Euronext Group to streamline SME engagement with public markets.
From the founder
"Businesses are at a pivotal moment in the application of technology to the provision of professional services. We are only scratching the surface with the value that can be created for business owners from leveraging AI to do more with less. Assiduous is focused on embedding corporate advisory domain expertise at the application layer to unlock the power of foundation models for many more small and medium sized business owners seeking to contemplate, plan and execute high value corporate actions."
Fergal Meegan
Chief Executive Officer at Assiduous
Investor perspective
"Assiduous is an excellent example of a forward-thinking Irish start-up that is using cutting-edge technology to address a massive unmet market need. The company’s growth plans aligns with Enterprise Ireland’s new five-year strategy Delivering for Ireland, Leading Globally, with a key objective to support and enable SMEs to engage with the start-up ecosystem, to execute financing and strategic transactions and to grow the next generation of Irish multinational corporations."
Conor O’Donovan
Head of Start-ups, Enterprise Ireland
Use of funds
- 01Continue product development
- 02Grow the team