Predikt raised €750K to support CFOs in their decision-making processes
Belgian-Swiss startup Predikt has secured €750,000 in funding to develop its AI-powered financial forecasting platform. Predikt combines internal financial data with millions of macroeconomic indicators to help large companies make more accurate financial predictions.
The Belgian-Swiss startup Predikt recently announced it raised €750,000 in funding to advance its mission of revolutionizing corporate financial planning with its AI-driven financial forecasting platform. Predikt is a KU Leuven spin-out and its platform leverages what the company describes as 'advanced predictive models' which combine client-provided internal financial data with more than 10 million external macroeconomic indicators such as global commodity prices, consumer behavior, and inflation to deliver customized insights to support informed complex decision-making.
The investment round attracted notable entrepreneurs including Louis Jonckheere (Wintercircus CEO), Joris Van der Gucht (Silverfin founder), and consulting agency Keyrus. The platform addresses a critical challenge faced by CFOs, particularly in consumer products and industrial manufacturing, who struggle with complex decision-making and forecast reliability. In the words of Predikt CEO Nick Vandesype: "CFOs are struggling to maintain confidence in their financial forecasts. Predikt allows companies not only to react to internal data, but also to be better prepared for external shocks."
The funds raised will be invested in continuing the platform's development, increasing its usability, and supporting local and global marketing strategies.
