Munich-based Aily Labs raises €19m Series A round to accelerate growth

Munich-based Aily Labs raises €19m Series A round to accelerate growth

Published: 28-08-2023 12:26:00 | By: Pie Kamau | hits: 3761 | Tags:

Aily Labs, pioneer of an AI-powered decision intelligence app for global enterprises, announced it has raised €19 million in a Series A round led by global software investor Insight Partners. Self-funded to date, this funding will be used to scale operations and expand the company's presence in the United States while accelerating innovation in digital solutions and applied GenAI.

Aily is a mobile-first AI decision intelligence app revolutionizing the way performance is tracked and commercial decisions are made within global business. With a 360° integrated view of enterprise data and advanced AI/ML techniques, the easy-to-use app gives users at all levels the rich, real-time insights they need to make better-informed, instant decisions.

Bianca Anghelina, Founder and CEO, Aily Labs: "AI is about innovation at lightning speed and is at the heart of our product. The speed to integrate our app can be as fast as one day, giving instant data transparency across the entire business. Putting AI in the hands of business users is transforming operating models, delivering greater efficiencies, and accelerating outcomes. We're thrilled to be supported by Insight Partners to boost our next growth phase to become the no.1 AI decision intelligence platform."

Hilary Gosher, Managing Director, Insight Partners: "Aily Labs is the future of how decision-making happens; by creating a single source of truth for cross-enterprise data, Aily ensures that individuals from analysts to executives have real-time, AI-driven insights and 'what-if' scenarios to make better-informed business decisions. Existing customers have seen significant ROI through unprecedented visibility and access to insights - we see huge demand in the market for an AI-driven solution like Aily. We're excited to join Bianca and the Aily Labs team as they expand globally and across industry sectors."

Aily Labs has already seen tremendous momentum, with quick adoption and incredible support from some leading global brands. In June, global healthcare company Sanofi announced the roll-out of the Aily app at scale (branded plai internally), their industry-leading app, which gives a holistic view across all Sanofi business activities enabling their company-wide digital transformation. By harnessing the power of AI, Aily is helping thousands of Sanofi decision-makers (from the senior executives to on-the-ground operators) make informed decisions to accelerate drug discovery, enhance clinical trial design, and improve manufacturing and supply.

www.ailylabs.com