Eilla AI secures £1.2m in seed funding led by Eleven Ventures to expand its team
Eleven Ventures led the seed investment in the financial artificial intelligence platform, with additional backing from Fuel Ventures.
Eilla AI provides a generative artificial intelligence platform that automates research, analysis, and document creation for financial professionals. The technology helps advisors in mergers and acquisitions, venture capital, and private equity handle complex workflows more efficiently.
Eilla AI has secured £1.2m in seed funding to expand its team across the UK. The round was led by Eleven Ventures, with participation from Fuel Ventures and individual investor Mark Pearson.
The capital will support the company as it scales its generative artificial intelligence platform designed for mergers and acquisitions, venture capital, and private equity professionals. The technology aims to reduce the time spent on manual research and document creation by automating routine workflows.
Investor perspective
"It was immediately clear from our own experiences in Venture Capital that Eilla’s innovative, AI driven approach will save a substantial amount of time and resources. Eilla will enable us in VC and others across PE, Corporate Finance and beyond to really focus on actually adding value. We’re excited to be investing alongside Eleven Ventures, and are looking forward to building something great with the enormously talented Eilla team."
Mark Pearson
Founder & Managing Partner, Mark Pearson
Use of funds
- 01Grow the team
Investors
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About the company
Eilla AI
Generative artificial intelligence platform streamlining workflows for financial professionals.