Oslo-based AI startup Deckmatch secures €1m funding to accelerate growth

Oslo-based AI startup Deckmatch has successfully raised €1 million in a funding round led by the esteemed Alliance Venture and Skyfall. Alongside them are industry stalwarts Patrik Berglund from Xeneta, the eminent Danish super angel Nicolaj Højer Nielsen, and illustrious alumni from Spotify, Klarna, and Fishbrain.

Deckmatch's inception was rooted in a simple idea: to elevate the landscape of investment analysis. From countless brainstorming sessions to late-night coding marathons and the mission was always clear - to harness the power of AI and transform unstructured ambitions (decks) into precision-driven insights (something useful). This funding marks a significant milestone in that journey.

Arne Tonning, Partner, Alliance VC: "We are big believers in the potential of DeckMatch to make VC firms not only more efficient and data-driven, but capable of making better investment decisions. We are delighted to back Leo, Walid and the rest of the DeckMatch team as they build a technology platform that will bring genuine innovation to the VC industry and beyond." 

The capital influx is more than just a testament to our potential - it's a vote of confidence. A nod of agreement from industry leaders that Deckmatch's vision resonates with the future of venture capital. But equally heartening has been the endorsement from Deckmatch's beta customers. The feedback, encouragement, and belief in Deckmatch's capabilities have been the catalyst for continued evolution.

With these funds, Deckmatch is gearing up to propel the research and development initiatives and to supercharge the beta program. Deckmatch's goal is clear: to delight and empower 100 customers within the upcoming year, offering them unparalleled insights and analysis to aid their investment decisions.

Léopold Gasteen, Co-founder, DeckMatch: ''We envision a future where decision-making processes in venture capital and other industries are data-driven, meaning more time is freed up for more strategic, creative, and human-centric endeavours, such as decision-making and relationship building. When we look at VC, the shift from pen and paper to Word and Excel is probably the most seismic shift the industry has felt to date. We see a curious juxtaposition of VCs being the backers of change, whilst seemingly being immune to change and disruption. We thank our investors for this early investment, which will enable us to enhance and further develop our product, and scale our team.''

www.deckmatch.com