Digitty closes seed financing round

The Berlin-based company has raised 2.2 million euros in its first round of financing and gained AI expert Ajit Jaokar for its start-up Diggity.
News by Lisa Marie Münster Lisa Marie Münster · Stuttgart, 04. October 2021

The Berlin-based company has raised 2.2 million euros in its first round of financing and gained AI expert Ajit Jaokar for its start-up.

Digitty has not only raised money, but also brought a renowned expert on board: The Berlin-based company has received 2.2 million euros in a recent financing round. The money comes from the Swiss company Jungle Group and business angels. Ajit Jaokar, who teaches AI at the University of Oxford, is also joining Digitty.

Founder Sebastian Britz explains his company's future plans: "With Ajit Jaokar's funding and expertise, we will be able to drive our expansion much faster than before." A Series A financing round is to be concluded in the coming months, which is expected to involve a double-digit million amount.

Diggity and Jaokar have been working together for some time: "Over the past 18 months, I have worked successfully with the great team at digitty.io and the two founders Stephan and Sebastian," says the expert.

The Berlin-based SaaS start-up supports project planning from the very first step with the help of AI. The software acts like a robo-advisor and actively provides assistance to minimize sources of error right from the start. The start-up also promises to simplify communication between project participants.

Britz and Stephan Wirsich founded Digitty in 2019. Expert Jaokar says of the business model: "From an AI perspective, we are solving a difficult problem that affects many industries. I firmly believe that the digitty.io product can create added value for a number of industries, especially in the event of a pandemic."


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