Tech Company Financing Transactions
Ellie.ai Funding Round
On 8/31/2023, Ellie.ai raised $2.7 million in Seed funding from Crowberry Capital and Newion Investments.
Transaction Overview
Company Name
Announced On
8/31/2023
Transaction Type
Venture Equity
Amount
$2,680,000
Round
Seed
Investors
Crowberry Capital (Lead Investor) (Jenny Hrafnsdottir)
Newion Investments (Lead Investor)
Proceeds Purpose
Ellie.ai is a standout startup in the data space. Their drive to reshape how enterprises manage their data initiatives aligns with our commitment to support startups that redefine their markets. We're thrilled to back Ellie.ai on this exciting journey. With this funding, the company is developing new workflows for its customers.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Itälahdenkatu 18 A
Helsinki, 00210
FI
Helsinki, 00210
FI
Phone
Website
Email Address
Overview
Solving complicated data problems runs in our DNA. Our CEO, Johannes Hovi is the son of Ari Hovi, one of the world's most renowned data modeling experts, who helped Finland figure out its financial data at a crucial time. When Johannes joined the family business in 2017, he quickly realized that the data modeling industry has stopped innovating and didn't offer customers what they needed. These tools were too technical. They had complicated UIs, legacy feature sets, and completely ignored the shift of not just the tech people using data. Thus Johannes and Ari sat down and penned out the first plans which eventually became Ellie.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Johannes Hovi
Co-Founder
Jari Jaanto
Co-Founder
Hannu Järvi
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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