German Start-up Raises Seven-figure Sum
Munich-based AI start-up Modelyzr is ready to continue its success story with a significant seven-figure investment. The start-up with its cloud solution for market analytics has thus asserted itself on the currently difficult financing market and set the course for further growth. The way Modelyzr works is similar to that of the AI language model ChatGTP: all available data is used and analyzed in order to provide meaningful answers to any questions on this basis. Unlike the OpenAI product, however, the solution from Münster does not specialize in language, but in processes in B2B markets. The result is a robust AI market model that can be used to conduct market research, go-to-market simulations or next and first-best offers, for example.
For us as a start-up, financing rounds are of great importance when it comes to further developing ourselves as a company.
Nils Niehörster,
Founder and Managing Director, Modelyzr