100 Words closes financing round
Sophie Deistler
| 10.11.2021
A software that is supposed to analyze the personality of a person based on texts - that's what the start-up 100 Worte offers. The idea has now convinced investors.
The AI startup 100 Worte has closed a seed financing round in an unknown amount. The "Startup Family Office" and the existing investors Fabian Bohne, Isar Valley Ventures and other business angels have participated.
100 Worte, also known as 100W, was founded in April 2017 by Simon Tschürtz and Daniel Spitzer in Heilbronn. The start-up has developed software to analyze a person's personality based on a few written words. The technology is based on artificial intelligence and social psychological research, the company says. Companies can use the software in areas such as customer service, marketing and human resources.
"The capital will primarily go into improving and expanding our solution. In the coming months, we plan to implement additional languages in order to establish 100W outside the German-speaking region," says CEO and co-founder Simon Tschürtz. This is the second success story in a short time. This year, the start-up had already won the AI Champions Award of the Baden-Württemberg Ministry of Economics, Labour and Tourism and the HR Start-up Award of the Human Resources Management Congress.
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Investor
2014
Bruckmühl
Isar Valley Ventures
I am an investor with focus on pre-seed and seed financing taking an active role in all investments, supporting the management in their daily operations.
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