# Aito Intelligence

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aito-intelligence

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.aito.ai
- Total disclosed funding: $2.9M
- Latest round: Seed (Nov 4, 2019)
- Investors on record: 6

## About

Aito Intelligence Oy is a Helsinki-based technology firm that empowers businesses with a predictive database, simplifying the development of intelligent applications through intuitive data interactions without the complexities of machine learning.Founded in 2018 in Helsinki, Finland, Aito Intelligence Oy specializes in predictive database technology, enabling users to create intelligent applications. The company raised EUR 1.6 million in Seed funding on November 4, 2019, led by henQ Invest, with participation from First Fellow Partners. Aito has executed a total of 3 deals, reflecting its strategic growth and operational focus.Aito.ai provides a predictive database that allows users to build intelligent applications with ease, utilizing SQL syntax for querying predictions and insights. Their technology supports various applications, such as personalized search results and intelligent assistants, serving clients in sectors like logistics and tech support. Notable clients include Posti and Gridpane, leveraging Aito's solutions to enhance decision-making and customer service across Europe and North America.In the most recent financial year of 2022, Aito Intelligence Oy reported revenue of EUR 192,618.20, with an EBITDA of EUR -103,670.80, reflecting its current financial standing as it continues to grow its client base and service offerings.Aito Intelligence Oy plans to leverage its recent Seed funding of EUR 1.6 million raised in November 2019 to enhance its product offerings and expand into new markets. The company is focused on developing new features and products that cater to emerging needs in AI-driven solutions, specifically targeting the logistics and technology sectors across Europe and North America. The strategic funding will support their initiative to improve existing services and introduce innovative solutions aimed at diversifying their market presence.

## Funding rounds

- Seed, Nov 4, 2019, $1.8M — henQ, First Fellow Partners
- Seed, May 7, 2019, $1.1M — First Fellow Oy, Business Finland, Umo Capital, Hermitage Capital Group

## Investors

- First Fellow Oy — Seed
- Business Finland — Seed
- Umo Capital — Seed
- Hermitage Capital Group (https://capitalatlas.ai/funds/hermitage-capital-group) — Seed
- henQ (https://capitalatlas.ai/funds/henq) — Seed
- First Fellow Partners (https://capitalatlas.ai/funds/first-fellow-partners) — Seed