Spotlight on: Neur.on

Description

Developer of end-to-end translation platform designed for legal professionals. The company’s software-as-a-service (SaaS) platform facilitates the use of the latest machine learning technology for translation project management, enabling lawyers to be fully tuned to speed, accuracy, and security requirements.

Most Recent Financing Status

The company raised CHF 1.6 million of seed funding in a deal led by Helbing Lichtenhahn on August 31, 2022, putting the company’s pre-money valuation at CHF 7.43 million. Vertinet Partners, Capital Risque Fribourg, Ajay Patel, James Sprayregen, Swiss ICT Investor Club, and François Reyl also participated in the round. The funds will be used to accelerate the company’s international expansion and software development

CEO: Paula Reichenberg

HQ Location: Fribourg, Switzerland

Employees: 9

Total Raised: $1.67M

Post Valuation: $9.43M

Growth Rate0.78% Weekly Growth (95th Percentile)

Size Multiple: 0.18x Median (16th Percentile)

To learn more about Neur.on, visit their website or follow them on LinkedIn.

Source: Pitchbook, June 2023

About the author

Kristin Calve

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