Opio raises €4 million to develop AI software for automating financial due diligence and auditor data handling
Funding Provisional 93% confidence first seen
AI startup Opio raised €4 million from investors including Frst, Seedcamp, and GFC to build technology for collecting, verifying, and organizing financial data used in transactions. The company says its system reduces time spent on data collection, checking, and adjustments by 27% and plans expansion across multiple countries and further product development.
The deal
Deal terms as reported in the coverage below.