German AI startup Kodex AI raises €1.6M for its AI-powered solutions for the financial industry

Kodex AI is on a mission to redefine the job of financial professionals. It has developed a platform that empowers users to complete analyses in minutes, enabling swift access to information, instant data analysis, and automated report drafting. Here are details of Kodex‘s latest funding round :

🚀 Launch

2022

🏭 Industry

Ai

🧠Management

Thomas Kaiser (Co-Founder & CEO), Claus Lang (Co-Founder & CTO)

💸 Funding & Investors

INVESTMENT (October 2023)€1.6 million
INVESTORS (October 2023)led by Signals VC, with participation from Techstars, Deutsche Bank, and angels investors including: Tobias Hann, CEO of Mostly AI; Sabine Bendiek, Board Member at SAP; Verena Rappel, Board Member at Allianz Services; Barney Hussey-Yeo, Founder of Cleo and Karl Moritz Hermann, former data scientist at Google DeepMind.

🎯 Funding purpose

Product development

🌐 Country HQ

Germany (Berlin)

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