The Belgian-Swiss financial forecasting startup Predikr has raised €750,000 in funding.
Founded earlier this year, Predikt is an AI-powered platform that helps CFOs and finance teams at large companies and multinationals improve their financial forecasting.
Originating from KU Leuven R&D, the platform leverages advanced predictive models, integrating internal financial processes with more than 10 million external macroeconomic indicators such as global commodity prices, consumer behavior and inflation. This allows businesses to make accurate forecasts for KPIs such as revenue, costs and profits, anticipate market developments more quickly and make better strategic decisions.
According to Nick Vandesype, CEO of Predikt, corporate financial departments, particularly in the consumer goods and industrial manufacturing sectors, suffer from complex decision-making processes.
“CFOs struggle to maintain confidence in their financial forecasts.
Predikt enables companies to not only react to internal data, but also to better prepare for external shocks.”
Investors include entrepreneurs such as Louis Jonckheere (CEO of Wintercircus, co-founder of Showpad), Joris Van der Gucht (founder of Silverfin), Jorn Vanysacker and Gilles Mattelin (founders Henchman), Matthias Gerooms (co-founder of Lighthouse ) and international entrepreneurs. consulting firm Keyrus.
According to Louis Jonckheere, CEO of Wintercircus:
“The early customer interest is proof that Predikt is not just capitalizing on a trend, but truly offering a solution to a critical problem facing CFOs today.
Nick and his team have become experts in predictive analytics through years of experience, so I strongly believe in the future of their solution. »
The startup plans to use the funding primarily to further develop the platform and increase usability and marketability locally and abroad.
Main image: Predikt. Photo: uncredited.