Deckmatch, an Oslo-based AI platform targeted on streamlining personal market workflows, has raised €2.9 million in an oversubscribed seed funding spherical. With a brand new workplace opening in Palo Alto, California, the corporate continues its worldwide growth and introduces its newest product, AlphaLens, a beta-stage AI search engine designed to boost aggressive market evaluation by inspecting merchandise fairly than simply corporations.
This spherical was co-led by Alliance VC and Luminar Ventures, with further funding from First Diploma Capital and Skyfall Ventures. Notably, all buyers had beforehand used Deckmatch’s platform earlier than deciding to again the corporate.
Based in 2023 by Leo Gasteen (CEO) and Dr. Walid Mustapha (CTO), Deckmatch gives a set of REST APIs that enables personal market buyers to automate workflows, together with changing pitch decks into structured, enriched information. This information seamlessly integrates into CRM programs like Affinity, Attio, and Slack, enabling buyers to shortly assess offers with out time-consuming guide enter. As Gasteen describes, “We’re rewiring how personal markets see innovation by shifting focus from firmographic information to the merchandise themselves. This sharper lens offers all market individuals a clearer view of what actually drives worth. As we start our new chapter as a US-based firm, it’s value noting that we’re not simply getting into a brand new market – we’re creating one.”
Deckmatch’s rising reputation amongst prospects is basically on account of its “related corporations” characteristic, which impressed the staff to shift their focus from conventional company-level information to product-centric evaluation. The result’s AlphaLens, an AI search engine that evaluates the “DNA” of merchandise by analyzing core elements like options and target market. This innovation affords customers highly effective insights for scaling, sourcing, and positioning of their aggressive panorama.
“AlphaLens” makes use of product-level AI search capabilities fused with standard firmographic information, delivering a recent perspective on aggressive intelligence. Arne Tonning, Associate at Alliance VC, famous: “We took a guess on two nice founders with an thought within the pre-seed spherical – a guess that has panned out precisely as we hoped. Leo and Walid have confirmed the power to execute and iterate with pace and instinct with few assets to construct a product that we already love as a buyer and see extra to come back. We’re comfortable to step as much as improve our place on this seed spherical and sit up for the continued journey with the staff.”
Louise Hagen, Associate at Luminar Ventures, added: “As early prospects, we have now had a front-row seat to Leo and Walid’s distinctive execution and product prowess. We spend money on founders who ship extraordinary merchandise, and as Deckmatch turned the core of our inner device stack throughout the first few months as customers, it turned clear that we needed to again them as buyers — not simply because we imagine within the product’s skill to massively speed up the VC decision-making course of, but in addition as a result of we all know the founders have the imaginative and prescient and tenacity to focus on adjoining markets sooner or later.”
The corporate now serves almost 30 purchasers throughout three continents and has achieved a six-figure annual recurring income (ARR), with a month-over-month development price of 40%. The upcoming full launch of AlphaLens, scheduled for late October, is predicted so as to add additional worth to purchasers by offering an in depth understanding of market dynamics past standard information sources.
