# Nektoon

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

- Industry: Software
- Headquarters: Zurich, Switzerland
- Website: www.squirro.com
- Total disclosed funding: $10M
- Latest round: Series B (Jul 7, 2017)
- Investors on record: 2

## About

Nektoon AG specializes in delivering an advanced Enterprise GenAI Platform that enhances data-driven decision-making through generative AI and knowledge graph management.Founded in 2012, Nektoon AG is headquartered in Zurich, Switzerland. The company provides AI-driven solutions that optimize enterprise operations. Dorian Selz, Patrice Neff, and Toni Birrer founded the company, with Selz currently serving as CEO. The company raised USD 4.00 mn in its latest funding round on February 24, 2022, led by BuildGroup. Nektoon has completed a total of 8 deals to date and has not undergone any significant pivots in its business strategy.Nektoon AG offers an advanced Enterprise GenAI Platform that leverages generative AI and knowledge graph management to deliver precise, data-driven insights across various industries. The platform is designed to optimize enterprise operations, enabling businesses to unlock new revenue streams and enhance innovation. Key features include robust enterprise search capabilities, AI-driven content generation, and sophisticated data analysis tools, allowing users to interrogate vast datasets, condense documents into actionable summaries, and support compliance auditing with ease. Notable clients include OCBC Bank and the European Central Bank, utilizing Squirro's technology for enhanced operational productivity in sectors like global banking, financial services, and telecommunications.Nektoon AG generates revenue primarily through a subscription-based model, providing clients with access to its Enterprise GenAI Platform on a recurring basis. The company structures its transactions around partnerships with businesses that integrate their advanced AI tools to streamline workflows, enhance data analysis, and improve decision-making processes. While specific pricing plans are not disclosed, the platform is positioned as a strategic investment for large enterprises seeking to leverage AI effectively.The recent funding of USD 4.00 mn will be utilized to further develop new products and expand into additional markets. Nektoon AG plans to enhance its Enterprise GenAI Platform with new features aimed at improving user experience and functionality. The company is also targeting expansion into the Asia-Pacific region by 2024, aiming to increase its global footprint and reach more clients in various sectors.

## Funding rounds

- Series B, Jul 7, 2017, $10M — Salesforce Ventures, Finch Capital

## Investors

- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series B
- Finch Capital (https://capitalatlas.ai/funds/finch-capital) — Series B