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VC data intelligence platform Signal raises $600,000 in a recent funding round. The company aims to use the funds for product development, team expansion, and international growth.

Apr 02, 20254 months ago

Amount Raised

$600,000

Round Type

seed

CopenhagenBig DataArtificial IntelligenceAnalytics

Investors

Christian JantzenEske GungeSonu Banga

Description

Copenhagen-based startup Signal has raised $600,000 to help VCs source and screen investment opportunities more effectively. Launched in early 2024, Signal’s platform supports over 35 funds including Antler, Cherry Ventures, and Heartcore Capital. The funding will enable the company to expedite product development and expand internationally. Notable investors in this round include Sonu Banga, Eske Gunge, and Christian Jantzen.

Company Information

Company

Signal

Location

Copenhagen, Capital Region Of Denmark, Denmark

About

Signal is an intelligence platform for data-driven VC and PE investors focused on identifying, monitoring, and screening high-potential investment opportunities. Powered by state-of-the-art machine learning models, Signal automates the demanding tasks of sourcing and screening, including tracking emerging companies, new founders, new products, and investor interest. With real-time updated insights, Signal ensures that investors always have the most current information at their fingertips.

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Funding Insights

Based on industry data
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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech