London-based startup Capsa AI, which creates an AI operating system that enables private equity investors to automate tasks, has secured £1.7 million in a seed funding round led by Outward VC, with contributions from Cornerstone VC and Antler. The new capital will support Capsa AI in expanding its team and advancing its AI-driven software.
- Founded in 2023 by Callum Downie and Danyal Özdüzenciler, Capsa AI creates an AI operating system specifically designed for private equity professionals. The platform integrates information from both external and internal data sources to automatically generate actionable insights, facilitating quicker investment decisions.
- Capsa AI supports funds with over £30 billion in assets under management (AUM), achieving a 20% reduction in due diligence time and boosting operational efficiency for private equity firms across the UK, Europe, and the US.
"Since launching, Capsa AI has co-developed PE-specific features with multiple leading PE funds. Early customers have reported an average due diligence time-saving of 20% and a 90% customer satisfaction score, citing Capsa AI’s careful consideration of PE-specific workflows and requirements as a key differentiator," Investor at Antler, Sarah Finegan, stated.
Details of the deal
- The investment was led by Outward VC, a London-based venture capital firm that focuses on supporting fintech startups at the pre-Series A stage, typically investing up to £5 million and often contributing 50% of the round.
"What drew us to Capsa were founders, Danyal Özdüzenciler and Callum Downie whose combined expertise—Danyal’s deep industry knowledge and Callum’s technical prowess—made a lasting impression on us," Outward VC's team, stated on LinkedIn.
- The round also included participation from London-based VC Cornerstone VC, Antler, and several angel investors, including Chris Adelsbach, and Martina Pfeifer.
- With the new capital, Capsa AI plans to enhance its market penetration, expand its team, particularly by recruiting engineering talent, and further develop its product.
