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Bitskout: No-code software platform automating back-office tasks for businesses in accounting & finance, focused on AI data extraction.
Bitskout is a software company based in Tallinn, Estonia, that provides a no-code artificial intelligence platform designed for automating routine back-office administrative tasks. The enterprise software platform allows users to extract data from documents, process images, answer text-based queries, and generate reports, integrating directly into existing workflows with a setup time of under 5 minutes. Targeting the corporate accounting, finance, and productivity sectors, the system aims to eliminate manual data entry operations and was previously selected for UNESCO's list of the top 100 artificial intelligence projects globally. Operating as an early-stage venture with planned expansions into Poland and the United States, the startup has secured pre-seed funding from venture capital firms including Shilling VC and SMOK Ventures. Bitskout was founded in 2020 by former Nokia executive Ilia Zelenkin and former Cisco professional Alexey Zelenkin.
Bitskout has raised $510K across 1 funding round.
Bitskout has raised $510K in total across 1 funding round.
Bitskout has raised $510K in total across 1 funding round.
Bitskout's investors include SMOK Ventures, Octopus Ventures, Shilling.
Bitskout has raised $510K across 1 funding round. Most recently, it raised $510K Pre-Seed in July 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 20, 2022 | $510K Pre-Seed | SMOK Ventures | Octopus Ventures, Shilling |