Wokelo raised $4M in a seed funding round led by Array Ventures to enhance its AI-driven due diligence technology for corporate acquisitions and investments.
Wokelo raised $4M in a seed funding round led by Array Ventures to enhance its AI-driven due diligence technology for corporate acquisitions and investments.
10/09/24, 2:41 PM
Location
seattleMoney raised
$4 million
Industry
machine learning
artificial intelligence
Round Type
seed
Investors
Perpetual Venture Capital, Ahead Vc, Rebellion Ventures, Kpmg Ventures, Geek Ventures, Array Ventures
Wokelo, an AI startup based in Seattle, secured $4 million to support the development of its technology, which generates detailed due diligence reports. The funding round included investments from several venture capital firms.
Company Info
Location
seattle, washington, united states
Additional Info
Wokelo is an AI startup that specializes in generating detailed due diligence reports for acquisitions, investments, and strategic decisions. Founded in 2022 by two former management consultants, Wokelo leverages AI technology to reduce manual research efforts and enhance high-level analysis. The platform aggregates data from multiple sources and produces comprehensive analyses, sector reports, and competitive insights. With a focus on private markets, Wokelo aims to transform the due diligence process for its clients, including private equity firms and investment banks.