Irish AI-risk intelligence provider Aylien raises €5m
Aylien, an Irish provider of artificial intelligence-powered risk intelligence and financial analytics solutions, has raised €5 million in a Series A funding round led by Finch Capital.
Other participants include existing investors, Atlantic Bridge University Fund, Sean O’Sullivan’s SOSV and Enterprise Ireland.
“Aylien has developed world leading AI and natural language processing (NLP) technology which we believe has exciting applications across risk management, finance, and intelligence. We anticipate significant growth in AI, comparable to the fintech wave of the last five years, and expect to double down on European AI over the next three to five years,” said Mike Brennan, principal at Finch.