Capsa AI Raises £1.7M in Seed Funding to Transform Due Diligence in Private Equity
Capsa AI serves private equity funds with over £30 billion in AUM, enhancing operational efficiency for funds in the UK, Europe, and the US.
Company Name: Capsa AI
Location: London, UK
Sector: AI, Private Equity, Due Diligence
Funding Details: Raised £1.7 million in Seed funding, led by Outward VC, with participation from Cornerstone VC, Antler, and angel investors, including Chris Adelsbach.
Purpose of Investment: The company intends to use the funds to build out its team, particularly by hiring product engineering talent, developing more features for private equity investors, penetrating target markets, and building out proprietary AI models.
Product and Innovation: Co-founded by Danyal Özdüzenciler and Callum Downie, Capsa AI has developed an AI operating system that enables private equity investors to delegate manual, low-skill due diligence tasks, such as creating company profiles, extracting and consolidating financial information, analyzing financial performance, and reviewing customer contracts. This allows private equity investors to focus on high-value, critical tasks. In the coming months, Capsa AI plans to help funds leverage their historical deal data to make better investment decisions.
About the Company: Capsa AI serves private equity funds with over £30 billion in AUM, enhancing operational efficiency for funds in the UK, Europe, and the US. By automating due diligence processes, Capsa AI enables investors to save time and focus on driving better outcomes in their investments.