RBL Data becomes part of Microsoft for Startups Founders Hub. A startup specializing in developing solutions based on company financial data received support to launch the new firmy.ai platform.
The “firmy.ai” project has been qualified to participate in the Microsoft for Startups Founders Hub. The program is divided into four stages, and the total value of available support is $150,000. In addition, the project can gain access to leading Microsoft solutions and an international group of mentors and leading technology experts.
About firmy.ai
Operated by RBL Data, the platform functions as an open search engine of companies. It not only provides current and historical financial data but also assists users in interpreting them accurately through a conversational interface based on artificial intelligence.
This implies that each user obtains access to financial analytics, which they can interact with through an intuitive chat interface. Firmy.ai offers access to hundreds of thousands of documents from Poland’s largest companies, encompassing both private and public corporations. The creators of the platform also intend to augment it with data from companies in other European countries, concentrating on enterprises generating annual revenues within the range of 1 to 200 million.
The AI analyst not only analyzes the company’s financial statements but can also estimate risk based on financial parameter analysis and comparative methods using industry standards and results, evaluate its market value, and estimate its rating.
The project aims to reduce barriers in establishing business relationships by building credibility for companies based on their performance. The competitive advantage of the firmy.ai platform lies not only in providing data but also in supporting their proper evaluation.
What is Microsoft Founders Hub?
Microsoft for Startups Founders Hub is a new digital platform for founders of innovative projects. The platform offers benefits worth $150,000, giving startups free access to the technologies, tools and resources they need to build and run their businesses – from the Microsoft Azure cloud platform, to access to AI models, including GPT-4 from OpenAI, to best-in-class development and productivity tools, including GitHub Enterprise and Microsoft 365.
In addition to access to technology, Microsoft for Startups Founders Hub enables entrepreneurs to innovate by connecting them with mentors who will provide industry, business and technical support to guide them through business milestones. Additionally, founders have access to Microsoft Learn and a variety of startup programs to help them build relationships with customers and accelerate their growth.
About RBL Data
This is a new technology company based in Warsaw, specializing in implementing artificial intelligence (AI) in developing breakthrough solutions based on collecting, analyzing, and processing large sets of financial data from companies. RBL Data’s solutions are designed to address key areas such as verifying capital-personal connections, increasing sales in the enterprise segment, building business credibility (international trade), pre-due diligence & KYC processes, assessing company performance (AI rating), and market valuation of companies (M&A).
The founder and initiator of the project is Marcin Cieslukowski – an expert in corporate and investment banking (having worked at GE Capital, ING Bank, bcp Millennium Bank), a participant in the venture capital market, cooperating with venture capital funds in the region.
Tomasz Ganski is the Co-founder and Chief Technology Officer. He has been in the IT industry since 2011, starting his career as a developer. Since 2016, he has been associated with Just Join IT, where he assumed the role of CTO as a co-founder (partial exit), building a team from 0 to 30 developers and bootstrapping the company to over 42 million in ARR with 250% growth.
The company is also backed by Wondelay Investments, an investment vehicle owned by Michal Jaskolski, a business angel specializing in artificial intelligence and co-founder at MZN Property, the owner of classified advertisements websites Morizon & Gratka, as well as fintech platform Lendi.
The aim of RBL Data is to strengthen its position as a pioneer in processing business data and to become an expert regional center in the field of financial assessment of enterprises.