DeepOpinion, an Innsbruck, Austria-based startup specializing in enterprise agentic process automation, raised €11M in funding.
The round was led by Red River West and AIpha Intelligence Capital, with participation from existing backers Lunar Ventures and Stride VC.
The company intends to use the funds to accelerate its global expansion and further enhance the development of its core AI platform.
Led by Stefan Engl, DeepOpinion has developed proprietary technology that leverages context-understanding capabilities and large language models (LLMs) to process data adapting to any document type, offering zero-shot document understanding that eliminates the need for templates or training data, and connects to over 200 enterprise software tools. It offers an enterprise-grade agentic automation platform enabling teams to put their business operations on autopilot, especially the unstructured data jobs like claims management, loan approvals, and purchase-to-pay processing. Combining agentic AI, business process digitization, and no-code development, DeepOpinion enables teams to create AI apps in minutes to achieve 90%+ straight-through processing efficiency.
It used by companies like Allianz, HannoverRe, Erste Group, e&, Bitpanda, and Siemens.
FinSMEs
25/09/2024