Source: EU-Startups
fynk, a startup that simplifies and democratizes access to AI-powered solutions that deliver significant time and cost savings, announced it has raised a €3.1 million funding round. Lead investors 3VC and 10x Founders, along with existing backers, are backing fynk based on its strong early traction and product-market fit. The additional investment comes only four months after fynk’s successful public launch in May 2024 and a €1.25 million pre-seed financing round.
fynk focuses on providing value for money with features that meet the needs of 90% of companies. Its intuitive solution for analyzing, managing, and processing contracts, powered by innovative AI technology, makes these powerful tools cost-effective and accessible for small and medium-sized businesses, startups, and agencies.
Companies using fynk can save up to 90% of the time typically spent on contract-related tasks. Furthermore, fynk establishes a document library that serves as a cornerstone for future success and efficiency.
“We are excited to have secured two renowned investors, 3VC and 10x Founders, whose passion for exceptionally user-friendly products matches our own. The strong renewed commitment from our existing investors also underscores their immense trust in our phenomenal team,” emphasized Constantin Wintoniak, CEO of fynk.
Read the full article: https://www.eu-startups.com/2024/10/vienna-based-fynk-raises-e3-1-million-to-bring-ai-driven-legal-workflow-tools-to-non-legal-teams/
