Inven Secures $12.75M to Revolutionize AI Deal Sourcing
Deal News | May 28, 2025 | Viento Oy
Inven, a Finnish technology company, has closed a $12.75 million Series A funding round co-led by Vendep Capital and Ventech, with participation from angel investor Risto Siilasmaa and existing backers Lifeline Ventures and Joint Effects. Founded in 2022, Inven has developed an AI-native deal sourcing platform that addresses inefficiencies in private market deal sourcing, offering a solution that maps and analyzes over 21 million companies to deliver predictive insights. The platform, already utilized by 700 firms globally, aims to reduce time-to-deal and enhance deal sourcing precision, thereby offering a competitive advantage to investment bankers, private equity firms, and consultants. The newly secured funding will support Inven's plans to double or triple its workforce within the next 12 to 18 months and enable aggressive expansion into North American markets and key financial hubs globally. The company, led by CEO Niilo Pirttijärvi, aims to become the default platform for sourcing private market deals, emphasizing its role in reimagining global deal sourcing through AI-powered systems.
Sectors
- Technology
- Private Equity
- Venture Capital
Geography
- Finland – Inven is headquartered in Helsinki, Finland, indicating its geographical origin and business base.
- North America – The company's expansion plans include scaling its presence across North America.
Industry
- Technology – The article focuses on Inven, a technology company using AI to enhance deal sourcing processes.
- Private Equity – Inven's platform is designed to serve private equity firms by optimizing deal sourcing and reducing time-to-deal.
- Venture Capital – The Series A funding round exemplifies venture capital investment in innovative technology solutions.
Financials
- $12.75M – Total amount raised by Inven in the Series A funding round.
- 670% – Inven's year-over-year growth rate.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Inven | Target Company | Company | A Finnish technology company developing an AI-native deal sourcing platform. |
| Vendep Capital | Investor/Co-leader | Company | Vendep Capital co-led the funding round for Inven. |
| Ventech | Investor/Co-leader | Company | A pan-European early-stage venture capital firm that co-led the Series A funding for Inven. |
| Risto Siilasmaa | Angel Investor | Person | Founder of F-Secure and former Chair of Nokia, participated as an angel investor in Inven's Series A round. |
| Lifeline Ventures | Existing Investor | Company | An existing backer of Inven. |
| Joint Effects | Existing Investor | Company | An existing backer of Inven. |
| Niilo Pirttijärvi | CEO and Co-founder | Person | CEO and Co-founder of Inven. |
| Tommi Kupiainen | CPO and Co-founder | Person | CPO and Co-founder of Inven. |
| Sami Ahvenniemi | General Partner at Vendep Capital | Person | General Partner at Vendep Capital, commented on Inven's growth trajectory. |