# Palturai

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

- Industry: Software
- Headquarters: Hofheim, Germany
- Website: www.palturai.com
- Total disclosed funding: $4.9M
- Latest round: Series A (May 17, 2021)
- Investors on record: 4

## About

Palturai GmbH specializes in data-driven solutions that enhance financial services through the innovative BusinessGraph platform, which uncovers complex relationships among companies and individuals for improved wealth management and fraud detection.Founded in 2014 in Hofheim, Germany, Palturai GmbH provides advanced data solutions that reveal intricate relationships for financial institutions. The company raised EUR 4 million in Series A funding on May 17, 2021, led by Redstone, with other investors including Future Industry Ventures and SNE Invest GmbH, bringing its total amount raised to EUR 4 million and a current valuation of EUR 40.94 million. The CEO team includes Christian Kren and Petra Kaul, with founder Sascha Stürze at the helm.Palturai GmbH offers a comprehensive suite of data-driven solutions centered around the Palturai BusinessGraph, integrating millions of entities to uncover relationships typically unknown to financial institutions and wealth managers. This unique platform supports various AI algorithms to enhance efficiency in wealth management and reduce fraud costs for enterprises and government agencies, particularly benefiting clients in the DACH region, including banks and insurance companies.In the most recent fiscal year of 2020, Palturai GmbH reported revenues of EUR 2,662,160.40 with an EBITDA of EUR 2,778,157.90. The company generates its income through subscription-based services to its BusinessGraph platform, which allows organizations to leverage advanced analytics for various applications, including fraud detection and business optimization.Following its recent Series A funding of EUR 4 million, Palturai GmbH plans to expand its operations into new territories, focusing particularly on the USA. The funding will also facilitate entry into new industry segments. The company aims to launch new products to enhance its service offerings, although specific details and timelines for these launches have not yet been disclosed.

## Funding rounds

- Series A, May 17, 2021, $4.9M — Redstone, Future Industry Ventures, SNE Invest GmbH, FGI FinTech Growth Investment

## Investors

- Redstone (https://capitalatlas.ai/funds/redstone) — Series A
- Future Industry Ventures (https://capitalatlas.ai/funds/future-industry-ventures) — Series A
- SNE Invest GmbH — Series A
- FGI FinTech Growth Investment (https://capitalatlas.ai/funds/fgi-fintech-growth-investment) — Series A