Paretos raises ten million euros

The start-up wants to use its decision intelligence software to simplify difficult decisions. The company is now receiving new capital for this.

The Heidelberg-based start-up Paretos has raised around ten million euros in its extended seed financing round, as reported by start-up scene reports. The Munich-based fund UVC Partners led the round. The existing investor Lea Partners from Karlsruhe has invested again. Berlin-based VC fund Interface Capital and business angel Hannes Ametsreiter, former CEO of Vodafone, also invested in the round.

"No more bad decisions" - that's the promise of the start-up Paretos, founded in 2020. Founders Thorsten Heilig and Fabian Rang have developed a decision intelligence platform to help companies make better decisions. This should be possible with the help of data analysis, forecasts and automated optimization algorithms. According to the company, SMEs and listed corporations such as Accenture are already using the Paretos platform.

"Our aim is to democratize the entire data science process so that every company can evaluate its data as easily as possible and make strategically targeted business decisions," says Heilig.