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Danelfin raises €2m in a funding round led by Nauta Capital to revolutionise retail stock picking with AI technology

Jun 13, 2024over 1 year ago

Amount Raised

€2 Million

Round Type

seed

BarcelonaMachine LearningArtificial Intelligence

Investors

Nauta Capital

Description

Danelfin, a firm that leverages AI to enhance stock selection and portfolio management for retail investors, has secured €2m in a funding round spearheaded by the pan-European venture capital firm, Nauta Capital, with contributions from various existing investors. The funding will be utilized to accelerate Danelfin’s growth trajectory, enhance product features, expand internationally, and refine operational capabilities.

Company Information

Company

Danelfin

Location

Barcelona, Catalonia, Spain

About

Awarded Best Financial Research Company at the 2023 Benzinga Global Fintech Awards, Danelfin is an Artificial Intelligence company offering an AI-powered stock analytics platform for retail investors. We provide comprehensive tools to make smarter, data-driven decisions in the stock market. Danelfin brings AI technology, once reserved for elite investors and hedge funds, to retail investors, revolutionizing stock picking: https://danelfin.com.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers