Cloudsquid Raises $1M in Pre-Seed Funding

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Summary

Cloudsquid, a Berlin, Germany-based provider of an AI-Agent platform specializing in extracting and transforming unstructured data, raised $1M in Pre-Seed funding. The round was led by High-Tech Gründerfonds and Backbone Ventures, with participation from angel investors Reetu Kainulainen (Founder Ultimate AI) and Udi Miron (VP Product Ultimate AI). The company intends to use the funds to expand its engineering team and scale its core platform. Founded by Filip Rejmus (formerly of Taktile and Uber), Sangwoo Bae (formerly of AWS and Kubermatic), and Mike McCarthy, Cloudsquid offers a platform for building unstructured data pipelines, enabling engineering and data teams to focus on core product functionality rather than data integration. Its API is capable of ingesting files in any format, transforming them into structured data, and integrating directly with downstream systems like databases, ERPs, and CRMs.

$ Funding

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Amount $1.0M Total raised
Date November 4, 2024 Announcement date
Investors - Lead investors
Company cloudsquid.io Funded company

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