Ukrainian startup Dataisland secures $500k investment

Dataisland, a Ukrainian company that develops an AI assistant for CRM systems, has secured $500,000 in fresh funding by Apercon Consulting Group. The startup will use the capital for the further expansion, Forbes Ukraine reports.

• The startup develops a virtual AI assistant that integrates with CRM systems and databases of organizations, allowing to analyze data and create reports for employees based on it. Among its clients Milleyson Holdings Ltd, Apercon Consulting Group, Do&Co, and Deus Robotics.
• Dataisland was founded in the summer of 2023 by Mykola Dorofii, a member of the advisory committee of the startup Deus Robotics, as well as a technical advisor to the regenerative medicine company Immorta Bio. Pavlo Pikulin, the founder of Deus Robotics, joined the team as an advisor. Currently, the startup team has 15 employees, with its headquarters located in London.

• Earlier this year, the company has already raised $300,000 from the Cypriot energy company Milleyson Holdings Ltd in a pre-seed round. Apercon Consulting Group, a Ukrainian consulting holding, has also contributed $200,000 to the financing.

Dataisland didn’t disclose its valuation, but shared the plans to increase its capitalization to $10-15 million, sign contracts with 50 new clients, enter foreign markets, and develop a public version of the product.