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fintechbits
Home » Insider Secures Seed Funding for Startup
Startup News

Insider Secures Seed Funding for Startup

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Nürnberger Fintech startup Insiderpie has secured seed funding in the mid-six-figure range to further develop its AI-based stock analysis platform.

Nürnberg, August 29, 2024 – The Nürnberger Fintech startup Insiderpie has received seed financing in the mid-six-figure range. This funding was facilitated by business angels and a family office from the Baystartup investor network. Insiderpie is creating an AI-driven platform designed to assist both professional and private investors in making informed decisions. The software primarily targets professional investors, family offices, and asset managers, offering comprehensive analytics as well as quick and precise identification of buying and selling candidates. A mobile application for private investors is expected to follow soon.

I’m excited to support the founders of Insiderpie in further developing their unique approach. Their goal to make the investment process more transparent and efficient has convinced me.

Dr. Heinz Raufer, business angel and investor

Solution for the stock market

Through the Inviteup platform, investors will be able to identify undervalued top stocks early and will receive immediate notifications about negative news regarding their portfolios. A notable aspect is the incorporation of unconventional data, such as employee reviews, which provide additional insights into potential investments. With the new funding, Inviteup plans to expand its staff and functionalities, aiming to establish itself within the German Fintech landscape.

We will expand our team, redesign the platform, and add new functionalities. The support from Baystartup and the expertise of our investors are a significant help in this process.

Pierre Andreä, co-founder of Insiderpie

Success story from Nürnberg

With the support of our investors and the application of innovative technologies, Insiderpie has the potential to become a true Bavarian success story.

Dr. Carsten Rudolph, Managing Director of Baystartup

BayStartup has supported the startup through coaching and connecting them with investors. The Insiderpie team, consisting of Pierre Andreä, Jakob Fahr, and Dominik Straußberger, developed their concept as part of the activity plan competition at the Technical University of Nürnberg, bringing it to market readiness. The university continues to support the founding team through advisory services and networking opportunities.

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