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Soleadify Raises Seed Funding for AI-Powered Business Database

October 20, 2020
Soleadify Raises Seed Funding for AI-Powered Business Database

Maintaining current company databases typically requires significant manual effort. Soleadify is an innovative company employing machine learning to develop business profiles across diverse sectors. Their initial offering is a business search engine that maintains up-to-date information on more than 40 million businesses, and is presently utilized by numerous organizations throughout the United States, Europe, and Asia for sales and marketing purposes.

The company has recently obtained $1.5 million in seed funding from European venture capital firms GapMinder Venture Partners and DayOne Capital, alongside contributions from several well-known individual investors, facilitated through Seedblink, an equity crowdfunding platform headquartered in Bucharest, Romania.

These funds will be allocated to ongoing technological advancements, the establishment of strategic alliances, and the enhancement of their marketing operations.

Soleadify leverages its data to provide tools for lead generation, market analysis, customer categorization, and industry trend tracking.

Their process involves the continuous examination of billions of web pages, the identification and categorization of pertinent information, and the establishment of relationships between data elements. This results in a comprehensive business data resource that would otherwise necessitate extensive and time-consuming manual investigation.

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