Zortify S.A. announces the closing of its Seed Funding
Zortify S.A., the Luxembourg startup closed its seed round of funding in March 2022, resulting in a total of €3.05 million raised since the company was founded in September 2018. This new investment confirms the potential of the company to act as a leader in Natural Langue Processing for Decision Making and accelerates the sales of its AI-based solutions.
The capital increase will primarily support the further development in the forward-looking combination of Natural Language Processing technology and computational visualization.
Prof. Dr. Florian Feltes, CEO and Co-founder of Zortify, says: "By using groundbreaking technologies, Zortify is well on track to be a leader in Deep Tech in the field of Natural Langue Processing. This approach combined with a compelling business model fits perfectly with the increasing need for easy-to-use and understandable data analysis especially in the text and language domain. Here is the chance to close the current need gap and become one of the leading companies. The current investment round gives us the chance to further strengthen our great team and be even faster in development.”
Dr. Marcus Heidbrink, Co-founder of Zortify, says: "We are very proud of our journey so far. Our AI is able to translate the most complex (text) data into understandable insights. By generating additional layers of information that are not visible to the human eye, our product solutions are at the cutting edge of technology. In this way, we aim to empower our customers to make better and more sustainable decisions."
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