Levity, a Berlin-based No-Code AI automation platform, has raised $8.3 million in a seed fundraising round co-led by Balderton Capital and Chalfen Ventures.
The money will enable the business to grow its workforce and quicken the pace of product development.
The No-Code AI automation technology from Levity, which was founded by Gero Keil and Thilo Hüllmann, enables businesses to streamline operations, cut expenses, and release staff from tedious, time-consuming chores. The platform combines AI Block builders, templates, and machine learning capabilities in a straightforward, user-friendly manner.
The company’s goal is to level the playing field for enterprises of all sizes by facilitating the processing of unstructured data, which can only be fully automated by AI.
The platform Levity uses computer vision and natural language processing (NLP) to automate a variety of tasks, including signup, the creation of an AI Block, and the delivery of the first forecasts in as little as five minutes.
The company’s methodology can therefore be applied to unstructured data types like photographs, texts, and documents. The organization serves a variety of industries, including shipping, marketing, social media, scientific research, and real estate and fashion.
Customers can plug AI Blocks straight into their workflows thanks to Levity’s wide choice of tool integrations, which include Gmail, Outlook, Google Drive, Dropbox, Airtable, and many more.
More than 3.2 million predictions have been completed by Levity’s platform’s user base since its August launch.
“There are swathes of businesses being entirely left out and underserved when it comes to AI and automation, as huge organizations and tech teams continue to build technologies that are out of reach of common people,” says Gero Keil, co-founder, and CEO of Levity. Businesses and their clients deserve the same chances to gain from AI and automation as their more powerful competitors. We are dedicated to providing these opportunities and leveling the playing field for businesses of all sizes with Levity.
According to James Wise, a partner at Balderton Capital, “There is a growing gap between organizations with the capacity to take advantage of AI and automation and those smaller enterprises who lack them. Levity’s goal is to bridge this gap. Businesses of all sizes will be able to gain the benefits of automation by making machine learning more accessible and inexpensive.
Chalfen Ventures’ founder Mike Chalfen claims, “Gero and Thilo’s unique perspective and their capacity to approach AI with fresh eyes have resulted in a product that delivers true value and meaningful, all-encompassing impact for SMEs everywhere. The best products, of course, are those that can offer sophisticated and complex tools clearly, and that is exactly what the Levity team has done.
