DeepOpinion Raises €11M to Accelerate Global Expansion and AI Platform Development
DeepOpinion is used by leading global companies such as Allianz, HannoverRe, Erste Group, e&, Bitpanda, and Siemens, helping them automate complex business processes and achieve significant operational efficiency.
Company Name: DeepOpinion
Location: Innsbruck, Austria
Sector: Enterprise Process Automation, AI
Funding Details: Raised €11M in funding, led by Red River West and AIpha Intelligence Capital, with participation from existing backers Lunar Ventures and Stride VC.
Purpose of Investment: The company plans to use the funds to accelerate its global expansion and enhance the development of its core AI platform.
Product and Innovation: Led by CEO Stefan Engl, DeepOpinion offers an enterprise-grade agentic automation platform powered by proprietary AI technology, which combines large language models (LLMs) and context-understanding capabilities to process various types of unstructured data without the need for templates or training data. The platform connects to over 200 enterprise software tools, enabling teams to automate business operations such as claims management, loan approvals, and purchase-to-pay processing. With its no-code development capabilities, DeepOpinion allows teams to create AI applications quickly, achieving over 90% straight-through processing efficiency.
About the Company: DeepOpinion is used by leading global companies such as Allianz, HannoverRe, Erste Group, e&, Bitpanda, and Siemens, helping them automate complex business processes and achieve significant operational efficiency.