# Erium

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/erium

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.erium.de
- Latest round: Seed (Apr 29, 2020)
- Investors on record: 3

## About

Erium GmbH is a Munich-based company specializing in AI-driven process optimization and consultancy, providing advanced software solutions to enhance operational efficiency across various industries.Founded in 2019 in Munich, Germany, Erium GmbH focuses on AI-driven consultancy and process optimization. The company was co-founded by Arnaud L, who has a history of entrepreneurship. It successfully raised an undisclosed amount of Seed funding on April 29, 2020, from investors including Bayern Kapital, High-Tech Gründerfonds, and SAR Elektronic GmbH. Erium has completed a total of 1 deal to date.Erium GmbH specializes in AI-driven process optimization and consultancy, offering a comprehensive software platform named Halerium. This platform integrates data management with expert knowledge to streamline complex business processes, enhance process quality, and facilitate informed decision-making. Erium's solutions address prevalent challenges faced by businesses, such as inefficient analyses, manual workflows, and poor data quality. The company's offerings are tailored to various industries, enabling organizations to transform their operational efficiency through customized solutions. Erium primarily serves clients across Europe and North America, including prominent enterprises in manufacturing, healthcare, and logistics, ensuring that their technologies meet industry-specific requirements.Erium's revenue model is built around the provision of tailored AI solutions, with a focus on B2B transactions. Clients engage with Erium through subscription agreements for the Halerium platform, allowing them to utilize its capabilities for process automation and optimization. Additionally, the company offers workshops, training sessions, and project support as part of its consulting services, generating revenue through structured engagements designed to enhance client capabilities in utilizing AI technologies. Erium's pricing structure is designed to reflect the bespoke nature of its services, ensuring that clients receive solutions aligned with their individual operational needs. This model fosters long-term partnerships, enabling ongoing support and continuous process improvements for their clients.Erium GmbH is actively working on launching new features for the Halerium platform, although specific release dates are not disclosed. The company plans to expand its market reach into the Asia-Pacific region by the end of 2023. The recent Seed funding raised in April 2020 will be utilized to support these initiatives, enhancing product development and market entry strategies.

## Funding rounds

- Seed, Apr 29, 2020 — High-Tech Gruenderfonds, Bayern Kapital, SAR Elektronic GmbH

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed
- Bayern Kapital (https://capitalatlas.ai/funds/bayern-kapital) — Seed
- SAR Elektronic GmbH — Seed
