Danelfin, an AI-enhanced stock analytics platform with the objective “to help the +40k investors already using it every month to filter out the noise & make smart data-driven investment decisions,” has secured 75% (€212,797) of its €280,000 target via Crowdcube (at the time of writing) from 89 investors with 23 days left in the firm’s crowdfunding campaign.
Danelfin offers Equity (3.45%) and reports a €7,845,895 pre-money valuation and a €8.39 per share price.
With thousands of public firms worldwide and millions of data points impacting stock prices, how can investors “choose the best stocks?” To address this requirement, Danelfin is working on an AI-powered stock analytics solution with the goal to assist investors already using it every month to “filter out the noise” and make well-informed data-driven investment decisions.
The firm is now “fundraising for growth.”
Their founder “scaled Softonic to 400 employees & exited for a valuation of >270M€.”
The company reports “+40k monthly active users worldwide, after only 5 months online.” As noted in the update, their AI technology “analyzes millions of data points to rate stocks.”
According to the firm, the market opportunity is: +146M brokerage accounts worldwide.
As clarified in the update, €54k of funds on the progress bar “represent funds raised by the company prior to launching the campaign.”
The company has “already received these funds, and the Company has indicated up to €54k may be spent whilst the pitch is live.”
Completion of the Crowdcube raise “will occur on the same material terms and share price.”
In case of discrepancy or difference in interpretation, the English version of the pitch page “available on the pitch page will prevail.”
As noted in the announcement, when the company founder, Tomás, started investing in stocks, he was “overwhelmed by information: hundreds of analysts’ opinions, thousands of complex financial charts and millions of data points influencing stock prices.”
The update also mentioned:
“How could retail investors analyze all that data to make well-informed decisions? He believed it was an impossible task for the human mind and therefore, Artificial Intelligence (AI) was the best technology to filter out the noise and provide data-driven insights.”
However, expensive AI tech was “only used by hedge funds & elite institutions.”
According to the team ot was “time to change that and make it available to all investors.”
That’s why they claim to have founded Danelfin.
As mentioned in the update, there “are +146M brokerage accounts worldwide.” They believe that “all these retail investors would benefit from a stock analytics platform powered by AI.
They have “strong traction thanks to our market size & freemium business model. After only 5 months online.”
Danelfin “has +40k active users, and returning users are on average, doubling every month to 4,900 in Jan ’22.”
They are “acquiring free users now to later convert them into paying users of our premium plans.” They are raising funds “to further enhance [their] AI predictive capabilities, introduce analysis for cryptos and [they] aim to start developing our mobile app.”
New funds will also help them “accelerate user acquisition; [their] goal is to lower CAC through SEO, content and performance marketing optimization.”
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