# Aspaara Algorithmic Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aspaara-algorithmic-solutions

- Industry: Software
- Headquarters: Zurich, Switzerland
- Website: www.aspaara.com
- Total disclosed funding: $2M
- Latest round: Seed (Oct 18, 2022)
- Investors on record: 2

## About

Based in Zurich, Switzerland, and founded in 2015 by its CEO Dr. Alexander Grimm and CTO Dr. Kevin Zemmer, Aspaara AG operates as a developer of the artificial intelligence ERP matching core cloud platform that provides planning of resources by analyzing the data. In October 2022, Wingman Ventures led a CHF 2 million in venture funding for Aspaara AG, with participation from Gentian Investments. 

Aspaara Algorithmic Solutions AG developed an artificial intelligence matchingcore cloud platform that integrates into the client’s IT infrastructure and analyses their planning data to deliver optimization insights directly to the planners. The platform enables workforce planners to tackle the complexity and efficiency requirements of workforce planning. The company's client base includes PWC, KSB, AAS, FreshUP, and Smart Rail 4.0.

The company plans to use the venture funding for software development and expand its business in Switzerland.

## Funding rounds

- Seed, Oct 18, 2022, $2M — Founderful, Gentian Investments

## Investors

- Founderful (https://capitalatlas.ai/funds/founderful) — Seed
- Gentian Investments (https://capitalatlas.ai/funds/gentian-investments) — Seed