London-based fintech startup Desia, which provides AI-driven solutions for productivity, automation, and analytics in the financial sector, has raised $3.3 million in a pre-seed funding round led by Dig Ventures, with participation from 2100 Ventures, Vento by Exor Ventures, Octopus Ventures, Foreword, Plug and Play Tech Center, Launchbay Capital, and several business angels, including Niccolo Maisto and Mark Ransford.
- Founded in 2024 by Raffaele Terrone, Alessandro Amaro, and Mehmet Öner Yalçin, Desia develops a platform that uses AI to deliver advanced solutions for productivity, automation, and analytics in the financial services sector.
- The startup collects key insights on potential investments and automates the analysis process. This saves investment professionals valuable time and resources, allowing them to focus on strategy and execution instead of data processing.
Details of the deal
- The pre-seed funding was led by Dig Ventures, a London-based venture capital firm that invests in infrastructure and fintech startups across Europe and the US. This year, the firm also invested in Talsec, a Czech startup focused on mobile app protection.
“Desia's founding team, marked by their impeccable execution and deep market insight, is perfectly positioned to address an essential challenge within the financial industry. Their innovative approach to automating data analysis leveraging AI promises substantial advancements in productivity for finance professionals," Founding Partner at DIG Ventures, Ross Mason, stated.
- The round also saw participation from 2100 Ventures, Torino-based VC Vento by Exor Ventures, London-based Octopus Ventures, Foreword, Plug and Play Tech Center, Launchbay Capital
- Several angel investors joined the funding round, including Niccolo Maisto, founder of FaceIT, Mark Ransford, a senior advisor at CVC Capital Partners, and Massimo della Ragione, a former partner at Goldman Sachs.
"With our experience in the investment industry and in building great products, we are well equipped to solve this problem and bring about meaningful change to the industry," Co-Founder and CPO, Alessandro Amaro, commented.
- This initial funding will help Desia create a system for more organized and detailed investment analyses. It will also support the company’s plans to grow and expand into the UK, the US, and Continental Europe.
