SuccessData raises £600k from SuperSeed to fund team expansion and growth.
SuperSeed has led a £600k seed round in artificial intelligence start up SuccessData to support team expansion and international growth.
SuccessData is a London based artificial intelligence start up that extracts unstructured data to create machine readable assets. The firm helps organisations automate complex screening and analysis processes.
SuccessData has secured £600k in a seed funding round led by SuperSeed. The capital will be directed towards expanding the team by hiring data scientists and machine learning experts to support commercial growth. The raise coincides with the company rebranding from sc.io as it targets international expansion across European and American markets.
The start up applies sophisticated machine learning to convert unstructured text, tables and figures into structured datasets. Having introduced its workflow solution to the financial services sector earlier in the year, the business aims to capitalise on growing demand for automated document screening.
From the founder
"We are delighted to have experienced such strong customer traction, and to have been able to close this round with SuperSeed as the lead investor. They bring real life hands-on experience in building enterprise software companies and we are really looking forward to having the team advise us on strategy and future objectives."
Laurent Louvrier
Founder and CEO at SuccessData
Investor perspective
"The SuccessData team is highly experienced in both financial services, data science and technology development, with the three founders having more than 60 years of deep industry expertise between them. SuccessData combines promising technology, a great opportunity and a terrific team, and we are excited for the prospects of the business."
Mads Jensen
Managing Partner, SuperSeed
Use of funds
- 01Grow the team
Investors
Categories
About the company
SuccessData
SuccessData turns unstructured dark data into machine readable assets using advanced artificial intelligence.