# Kira Core

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kira-core

- Industry: Financial Services
- Headquarters: Prague, Czech Republic
- Website: www.kiracore.com
- Latest round: Seed (Aug 6, 2020)
- Investors on record: 2

## About

Kira Core delivers innovative data processing solutions, empowering businesses to efficiently analyze and utilize vast information through advanced software for extraction, natural language processing, and machine learning.Founded in 2019, Kira Core is headquartered in Prague, Czech Republic, specializing in advanced data processing solutions. The company has raised USD 2.2 mn in funding, with the most recent deal completed on August 13, 2020, led by investors including NGC Ventures, Origin Capital, and TRG Capital Management. The founder, Mamady Kaba, has a background in technology and entrepreneurship.KiraCore specializes in providing advanced data processing solutions that enable businesses to analyze and utilize large volumes of information efficiently. Their core offerings include software designed for data extraction, natural language processing, and machine learning, which are tailored to optimize decision-making and enhance operational efficiency across various sectors. The primary use cases address challenges in data management, compliance, and reporting, serving industries such as finance, healthcare, and logistics. KiraCore has positioned its products to cater to a diverse client base, including small to medium enterprises and large corporations, enhancing their ability to derive actionable insights from complex datasets. The company strategically markets its solutions across North America, Europe, and select regions in Asia, effectively addressing the unique needs of clients in these geographical areas.KiraCore generates revenue primarily through a subscription-based model for its software services, allowing clients to access its advanced data processing tools on an ongoing basis. This structure is complemented by partnerships with enterprise clients who may require customized solutions or integrated services tailored to their specific operational needs. Transactions typically involve clients subscribing to different tiers of service, which may include options for individual product access or bundled packages that offer comprehensive data processing capabilities. Specific pricing plans are designed to accommodate various business sizes and needs, ensuring flexibility for both B2B and direct-to-consumer transactions. KiraCore’s flagship offerings drive significant revenue, reflecting the growing demand for efficient data solutions in an increasingly data-driven marketplace.Kira Core plans to leverage its recent funding of USD 2.2 mn from the August 2020 deal to enhance its product offerings and expand into new markets. Upcoming products are in development, aimed at improving customer capabilities in data processing and machine learning. The company is targeting expansion into new markets in Eastern Europe and Asia by the end of 2022, where they see a demand for their innovative solutions. Continued investment in technology will support these growth initiatives, aligning with their focus on addressing the unique needs of clients in diverse regions.

## Funding rounds

- Seed, Aug 6, 2020 — Alphabit, Ascensive Asset Management

## Investors

- Alphabit (https://capitalatlas.ai/funds/alphabit) — Seed
- Ascensive Asset Management (https://capitalatlas.ai/funds/ascensive-asset-management) — Seed