# Uhura Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/uhura-solutions

- Industry: Software
- Headquarters: London, UK
- Website: www.uhurasolutions.com
- Total disclosed funding: $2.3M
- Latest round: Seed (Mar 31, 2022)
- Investors on record: 3

## About

Uhura Solutions LTD develops an AI-driven platform focused on document automation in the financial services sector. Their technology enhances operational efficiency by automating complex workflows for financial institutions and procurement teams.Founded in 2018 and headquartered in London, UK, Uhura Solutions specializes in artificial intelligence solutions for the financial sector. The firm has completed 2 funding deals, with the most recent being a Seed round on 31 March 2022, raising GBP 1.37 million led by Superseed Ventures, joined by Newable and South Central Ventures. Founders Blazo Crvenica, Djuro Stojanovic, and Mladen Markovic have established a company that emphasizes innovation in financial document processing. Their current valuation stands at GBP 7.062 million.Uhura Solutions specializes in developing an artificial intelligence platform focused on document-driven process automation specifically for the financial services sector. The company's core offerings revolve around intelligent data capture, intelligent document processing, and intelligent process automation, aimed at enhancing operational efficiency by automating complex financial workflows. These solutions are designed to streamline the handling of documents such as contracts, agreements, and business reports, effectively reducing manual labor and processing time. The platform utilizes fine-tuned Large Language Models (LLMs) combined with domain-specific datasets, enabling the system to understand and process financial documents with a high degree of accuracy. Uhura Solutions primarily serves banking institutions, financial service providers, and procurement teams, operating in various international markets, including Europe and North America.Uhura Solutions generates revenue through a subscription-based model for its services, allowing clients to access its AI-driven platform for document automation. Each subscription tier offers varying levels of access to the company's core functionalities, catering to the specific needs of its customers. Typical transactions involve financial institutions subscribing to the platform to streamline their document processing tasks, which in turn enhances operational efficiency and reduces costs associated with manual processing. By providing tailored solutions such as intelligent document processing and risk management automation, Uhura Solutions establishes long-term partnerships with its clients, fostering a sustainable revenue stream. The pricing structure is designed to reflect the value added by these services, ensuring clients benefit from improved accuracy and reduced processing times without disclosing specific figures or plans.In March 2022, Uhura Solutions LTD raised GBP 1.37 million in Seed funding, aimed at scaling operations and expanding their team, particularly in business development and engineering. The company plans to introduce new products designed to enhance their AI capabilities, although specific launch dates have not been disclosed. Additionally, Uhura Solutions is targeting expansion into new markets in Europe and North America, with efforts to solidify its presence by the end of 2023. The recent funding will support these initiatives, enabling the company to enhance its product offerings and increase market reach.

## Funding rounds

- Seed, Mar 31, 2022, $1.8M — South Central Ventures, Newable, Superseed Ventures
- Seed, Jul 9, 2019, $0.5M — South Central Ventures

## Investors

- South Central Ventures (https://capitalatlas.ai/funds/south-central-ventures) — Seed
- Newable (https://capitalatlas.ai/funds/newable) — Seed
- Superseed Ventures (https://capitalatlas.ai/funds/superseed-ventures) — Seed