PALO ALTO, California, February 23, 2024 — Intappa leading global provider of AI-powered software for consulting, legal and capital markets professionals, announced that it has signed an agreement to acquire Delphin, a Berlin-based AI software company specializing in applied AI for automation, structuring and intelligence of firmographic data. The transaction is subject to customary closing conditions and is expected to be completed within the next 60 days.
Delphai applies AI to public data from tens of millions of company websites, news sources, financial statements, and more, creating structured and attributable firmographic data. The company’s technology streamlines firmographic data analysis and helps companies combine their internal information with third-party data sources to create powerful databases. Intapp will integrate Delphi’s AI into its intelligent cloud platform solutions, accelerating Intapp’s AI roadmap.
“Professionals build their business on market knowledge and their relationships. Access to accurate and timely firmographic data can therefore create a real competitive advantage,” said Thad Jampol, Chief Product Officer at Intapp. “We believe Delphi’s AI models and technology stack will form the next-generation foundation of our database. This will allow us to modernize the complex processes involved in finding and processing enterprise information, while increasing connectivity with our data partners.
Additionally, Intapp will welcome the Delphi team, including founder and CEO Robin Tech. The team is made up of AI specialists with deep domain knowledge and experience in organizations such as SAP, Google, Amazon, Salesforce and MIT. These team members, from product management, research and development, engineering, data and support, will be at the center of Intapp’s data strategy.
“Intapp’s Intelligence Applied philosophy, combined with the breadth and depth of its solutions, makes the company the ideal fit for Delphi’s AI-enabled technology and teams,” Tech said. “We are excited to integrate our cutting-edge AI capabilities into the Intapp platform. It will power the automated transformation of unstructured global enterprise data into structured, actionable insights for professionals around the world.
The integration of Intapp and Delphi technologies in the coming months will provide customers with access to advanced AI capabilities and insights across Intapp solutions. This will enable professionals around the world to apply a wide range of native AI capabilities and leverage data more effectively so they can focus on what matters most: creating value.
About Intapp
Intapp (NASDAQ: INTA) helps professionals leverage the knowledge, relationships and operational insights of their teams to increase the value of their business. Through the power of applied AI, we make business and market information easy to find, understand and use. With Intapp, professionals can apply their collective expertise to make smarter decisions, manage risks, and increase their competitive advantage. The world’s largest companies – in accounting, consulting, investment banking, legal, private equity and real estate – trust Intapp’s industry solutions to drive new growth and multiply opportunities.
About Delphi
Based in Berlin, Delphin serving finance, strategy and business development professionals at the world’s largest professional services and manufacturing companies. We have created a unified firmographic hub to provide unparalleled access to structured, trusted, and fully automated B2B company data. Using cutting-edge AI (including NLP and NLU), delphai enables teams to intuitively access a single source of business truth for value-creating business intelligence. Better data. Better deals.
Source: Intapp