Berlin-based SaaS ARC Intelligence, a provider of AI-powered data platforms for small and medium-sized enterprises, has raised €1M in Pre-Seed funding from 468 Capital and IBB Ventures.
ARC integrates data handling, such as collection and cleansing to real-time analysis, via its platforms so that SMEs can make data-driven decisions. Designed for non-technical users relying on natural language, its interface allows users to ask questions and get analysis back.
With the new funding, ARC will develop its platform and integrate additional features so that SMEs can focus on their core competencies while automating and optimizing processes.
“Our mission is to empower SMEs with the most advanced AI tools, which were previously only available to large enterprises. With ARC, SMEs can tackle their biggest challenges from a data perspective and make informed decisions without being dependent on specialized teams or complex infrastructure.” said Clemens Wessendorff, CEO and co-founder.
SMEs such as DR. KADE, a German pharmaceutical company, and Network Factory in Berlin are already using ARC’s technology.
“In today’s data-driven world, companies that adopt data-centric decision-making are more profitable and more productive than their competitors. We want to make sure that SMEs can benefit from this advantage.”, adds Simon Zimmermann, CTO and co-founder.
“ARC Intelligence fits perfectly with our vision to drive the necessary transformation of SMEs through data.”, said Emanuel Pallua, Partner at 468 Capital. “From our initial discussions, it was very clear that ARC combines the tech expertise with a deep understanding of the challenges SMEs are facing. Their platform provides a unique solution for data-driven decision-making without the typical infrastructure burden. We’re excited to support ARC in building a sustainable success story in the SME sector.”