SESAMm, a natural language processing (NLP) company that performs due diligence for investment firms, announced a €35M ($37M) Series B2 funding round.
The startup's platform analyzes documents to detect issues in investments, clients, and suppliers, as well as perform sentiment analysis on assets and more
The natural language analytics data provider serves private equity firms, hedge funds, corporations, and more.
- SESAMm leverages its own data lake to provide NLP capabilities and datasets that produce analytics for its clients' use cases, such as private equity due diligence and ESG and SDG sentiment scores.
- The firm's Series B extension was led by Elaia and Opera Tech Ventures, with participation from Unigestion, Elevator Ventures, AFG Partners, CEGEE Capital, Carlyle, and New Alpha Asset Management.
- The Paris-based startup has raised €50M ($53.4M) to date.
