Aptus.AI, the innovative Italian startup specializing in machine-readable documentation, has just announced a significant milestone with a €3 million Pre-Series A funding round. The company’s groundbreaking technology leverages artificial intelligence (AI) to generate machine-readable versions of legal documents, providing quick and accessible insights into national and European regulations. The result is the Daitomic platform, a real-time updated Regulatory Technology (RegTech) Software as a Service (SaaS).

Innovative AI Technology

Aptus.AI has developed proprietary AI technology that excels in converting legal documents of any format into a machine-readable standard. This innovative approach enables a precise and nuanced understanding of legal texts, providing a suite of efficient tools for interactive regulatory consultation, automatic custom notifications, legal inventory management and updating, and instant impact analysis.

Andrea Tesei, co-founder and CEO of Aptus.AI, expressed the company’s determination to make a mark in the international RegTech sector. With a focus on empowering large organizations to rapidly and correctly develop their offerings, Aptus.AI aims to enhance competitiveness and benefit end consumers and the socio-economic fabric.

Strategic Investor Support

The funding round was led by venture capital firm P101, with additional contributions from business angels and Fin+Tech, the accelerator of CDP Venture Capital. Aptus.AI has already gained notable clients, including Intesa Sanpaolo, Generali Investments, and MPS, and has initiated several pilot projects with major industry players.

Lorenzo De Mattei, co-founder and CTO of Aptus.AI, emphasized the revolutionary impact of their AI technology on legal interactions. The machine-readable format not only ensures precision in responses but also facilitates the creation of more accurate Generative AI models, significantly reducing inaccuracies in a critical field like the legal sector.

Paving the Way in RegTech

Giuseppe Donvito, Partner of P101, expressed excitement about joining forces with the Aptus.AI team. This investment marks P101’s entry into the dynamic RegTech market, recognizing its rapid expansion and potential for innovation.

Aptus.AI’s commitment to combining AI for data extraction with generative AI positions it as a formidable player in the RegTech landscape. With extraordinary positive impacts on legal interactions, efficiency, and accuracy, Aptus.AI is poised to make significant contributions to the evolving world of regulatory technology.

By Admin

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