Squirro

SoftwareSeries BZurich, Switzerlandsquirro.com

Latest round

Series B

Last raised

May 2018

Total raised

$21M

Investors

3

About Squirro

Founded in 2012 in Zurich, Switzerland, Squirro AG provides AI-driven enterprise intelligence solutions.00 mn on February 24, 2022.Squirro offers an advanced Enterprise GenAI platform that focuses on optimizing operations through AI-driven enterprise intelligence. The core product leverages generative AI and knowledge graph management to extract insights and enhance decision-making processes across various industries, including finance, banking, and telecommunications. Squirro's platform enables users to interrogate data, generate content aligned with brand voice, and automate workflows, ultimately streamlining operations and enhancing collaboration. Notable clients include major financial institutions such as OCBC Bank, European Central Bank, and Standard Chartered, highlighting the platform's effectiveness in enhancing operational efficiencies and generating significant annual savings.Squirro's revenue model is primarily based on subscription services, which provides clients access to its Enterprise GenAI platform and associated components such as enterprise search and knowledge graphs. Clients typically engage in annual contracts, allowing them to benefit from ongoing updates and support. The firm's transactions often involve B2B agreements with enterprises that require tailored solutions for knowledge management, compliance, and operational efficiency. Specific pricing plans are structured around the scale of deployment and the specific features utilized by the clients, ensuring that solutions remain aligned with their operational needs.S. market and enhance its technology offerings. The company is also focused on developing new products that will further improve operational efficiencies for its clients. Specific timelines for product launches were not disclosed, but the management aims for a significant impact in the upcoming years.

Who invested in Squirro

3 investors across 2 rounds

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Funding rounds

  1. Series B

    May 20, 2018

    Amount

    $11M

    Investors

    Locked

  2. Series B

    Jul 7, 2017

    Amount

    $10M

    Investors

    Locked

Questions about Squirro

Who invested in Squirro?

Squirro has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Squirro raised?

Squirro has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Squirro last raise money?

Squirro's most recent round on record is a Series B, in May 2018.

What does Squirro do?

Founded in 2012 in Zurich, Switzerland, Squirro AG provides AI-driven enterprise intelligence solutions.

Where is Squirro headquartered?

Squirro is headquartered in Zurich, Switzerland.

Which VCs invest in companies like Squirro?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Squirro's stage. Their profiles are linked below.

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