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Based in Berlin, Germany, Cloudsquid develops an artificial intelligence agent platform that converts unstructured data from various file formats into structured, actionable formats via API. The SaaS platform integrates directly with existing databases, enterprise resource planning systems, and customer relationship management tools to eliminate manual data entry processes for both engineering and operations teams. Operating on a freemium model with paid tiers starting at €400 per month, the company primarily serves corporate clients in document-intensive sectors such as accounting, insurance claims, and supply chain management. The enterprise recently secured $1 million in pre-seed funding through a financing round led by High-Tech Gründerfonds and Backbone Ventures, alongside angel investors including Reetu Kainulainen. Bringing prior engineering and leadership experience from technology companies including Uber and AWS, Cloudsquid was founded in 2023 by Filip Rejmus, Sangwoo Bae, and Mike McCarthy.
Cloudsquid has raised $1.1M across 1 funding round.
Cloudsquid has raised $1.1M in total across 1 funding round.
Cloudsquid has raised $1.1M across 1 funding round. Most recently, it raised $1.1M Pre-Seed in November 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 4, 2024 | $1.1M Pre Seed | BackBone Ventures, Bjoern Sykora | — | Announced |
Cloudsquid has raised $1.1M in total across 1 funding round.
Cloudsquid's investors include BackBone Ventures, Bjoern Sykora.