Levity raises US$8.3 million
Janina Gerhardt
| 12.10.2022
The AI start-up wants to automate business processes. This has now convinced Balderton Capital and Chalfen Ventures.
Automation platform Levity has received $8.3 million in seed funding. Balderton Capital and Chalfen Ventures from London lead the round, according to the company. In addition, Chris Schagen (former CMO of Contentful), and Sumup founders Jan Deepen and Stefan Jeschonnek invested. Maximilian Claussen (founder of SystemOne) and Philipp Moehring (former MD of AngelList Europe, partner at TinyVC) also participated in the current round.
Gero Keil and Thilo Hüllmann founded the AI startup 2020. The founders have developed a no-code tool that contains software modules that allow enterprise customers to assemble suitable programs according to the building block principle, without any programming knowledge at all.
The AI solutions can enable companies to automate their work processes. For example, the platform could be used by insurance companies to automate the documentation of claims. Typical use cases also include automatically labeling and forwarding incoming emails or email attachments and sorting incoming documents into appropriate folders.
Levity can be used across industries by companies of all sizes. According to the company, customers include startups Audibene and Vetevo.
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