Pisa-based RegTech startup Aptus.AI has successfully concluded a pre-Series A funding round, securing €3m. Led by Programma 103 by VC P101 Sgr, with significant participation from accelerator Fin+Tech by CDP Venture Capital, this funding reaffirms support from a prior investment.
Aptus.AI is reshaping how large organizations, particularly banks and insurance companies, interact with legal documents. Their innovative approach converts these documents into interactive, machine-readable formats, streamlining compliance and risk management. This technology enhances operational efficiency, transforming compliance into a strategic business advantage.
The €3m investment will advance Aptus.AI’s mission, focusing on their flagship product, Daitomic. This groundbreaking platform facilitates seamless navigation of regulatory landscapes, text comparison across versions, and simulation of potential regulatory impacts.
Founded by Andrea Tesei and Lorenzo De Mattei, Aptus.AI’s transformative technology gained attention with a successful pilot application in late 2021. A seed round in 2022 allowed the company to expand its solution for major financial institutions.
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, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}