The Heidelberg-based AI startup paretosmarket leader in business intelligence, has successfully closed its Series A funding round, raising an additional €8.5 million. The funding is led by Acton Capital, known for its investments in companies such as Etsy, Cyberport and HomeToGo. Existing investors UVC Partners and LEA Partners also participated in the funding round. Additionally, renowned funds and angel investors, including Interface Capital (led by Niklas Jansen (Blinkist) and Christian Reber (Wunderlist, Pitch)) as well as former Vodafone CEO Hannes Ametsreiter, continue to support Paretos on its journey.
“While many AI technologies are still in the hype phase, Paretos has impressively demonstrated that its Decision Intelligence solution creates long-term value for businesses that is directly reflected in business outcomes. Especially in today’s tense economic climate, this is a game-changer for real-world AI applications. said Fritz Oidtmann, managing partner at Acton Capital. “We look forward to supporting the team in the next phase and shaping the future of the market together.” »
The international market research institute Gartner recognized Paretos is one of nine representative European Decision Intelligence providers (out of 30 worldwide). Already today, Paretos’ AI-based platform supports market leaders such as HelloFresh, Otto Group, Faller Packaging, ARMEDANGELS and EDEKA in decision-making regarding critical business processes.
With this new capital, Paretos founders Thorsten Heilig and Fabian Rang plan to further accelerate their growth: “Our platform typically delivers over 100% ROI in the first year and generates business impact worth millions. With the support of our investors, we aim to increase our technological edge,” said Thorsten Heilig, co-founder and CEO of Paretos. “Currently, many companies in Germany and Europe are facing considerable pressure. We give them a powerful tool to address pressing challenges – from evolving customer demands, to complex supply chains, to cost and efficiency pressures.
According to the institute Markets and marketsThe global business intelligence market is expected to grow by 25% per year by 2030, quadrupling to €50 billion. Decision Intelligence leverages AI to support, optimize, and even automate complex data-driven decisions. The goal goes beyond simple forecasting; it focuses on generating actionable insights and actionable metrics – particularly in dynamic planning and operational processes. Many experts attribute the same relevance to this technology as generative AI.
“With its patented and highly innovative technology, combined with a strong focus on applications, Paretos has the best chance of assuming an international leadership role. » said Andreas Unseld, general partner at UVC Partners. And Nils Seele, partner at LEA Partners, added: “Having conceptualized AI, it is now about transformation. Anyone looking for a return on investment in AI applications will find it at Paretos.
