Dublin's Dubsof raises €5.4 million seed to wire AI into company workflows
What's the deal? Dublin startup DubsofDealroom has a profile for this one. Try Dealroom → has raised €5.4 million ($6.5 million) in a seed round led by Berlin venture firm BlueYard CapitalDealroom has a profile for this one. Try Dealroom →. The company builds bespoke software infrastructure that helps businesses plug AI tools into their existing workflows.
Who's backing it? BlueYard, cofounded by Germany-based Dubliner Ciaran O'Leary, was the largest contributor at €2.6 million. Backed VCDealroom has a profile for this one. Try Dealroom → put in €1.85 million, followed by Project EuropeDealroom has a profile for this one. Try Dealroom → (€400,000) and Cocoa VenturesDealroom has a profile for this one. Try Dealroom → (€350,000).
Project Europe is a fund backed by more than 200 European tech executives and founders, including people behind Klarna, Shopify, and GitHub. Cocoa Ventures was founded by Carmen Alfonso Rico and Anthony Danon.
The angels: 10xHumans LimitedDealroom has a profile for this one. Try Dealroom →, a UK company jointly controlled by investors Dylan Collins and Maximilian Regner-Bleyleben, invested €30,000. Collins sold gaming startups DemonwareDealroom has a profile for this one. Try Dealroom → and Jolt Online GamingDealroom has a profile for this one. Try Dealroom →; fellow early angel David Singleton is Stripe's former chief technology officer, now at Meta's AI unit. Matt Fitzpatrick, chief executive of US AI firm Invisible Technologies, added a further €10,000.
What's the endgame? Dubsof was founded last year by Aidan McNeill, George O'Leary, and Bastien Saidi, and now employs 25 people on Merrion Square. It has tested its platform in beta and with live customers.
What's the money for? The company plans to double its headcount over the next 12 months, hiring more software engineering and machine learning staff.
"Dubsof exists to build a better economy, to solve co-ordination between people and companies," McNeill said. "Most working time goes on admin and co-ordination, and we want people to spend it on the work only they do best."
The signal: A seed round drawing both marquee European funds and operator angels from Stripe, Meta, and McKinseyDealroom has a profile for this one. Try Dealroom →'s AI unit shows how much capital is chasing startups that promise to embed AI into everyday business operations.
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Image credit: Office of Naval Research