Europe’s rapidly developing venture capital climate and multilingual startup ecosystem require a platform to search and compare industry trends and company performances. Founded in Amsterdam in 2013, Dealroom seems to have assumed this role. It recently raised €2.75 Million Series A funding led by both Knight Venture Capital and Shoe Investments.
Dealroom’s research platform is a great example of how data science, natural language processing, and AI can come together to generate industry-specific information that is useful for different players. By using these automated tools together with manual research, Dealroom reports provide easy access to real-time insights and information about the industry. This funding is going to support the company’s continued expansion in Europe.
Source: EU Startups