Deckmatch Secures $3.1M Seed to Improve AI-Powered VC Matching Platform

Deck match An Oslo AI company streamlining private market workflows has secured $3.1 million Seed funding.

Deckmatch was co-founded in the summer of 2023 by repeat founders Leo Gasteen (CEO) and Walid Mustapha, PhD. (CTO).

It provides a series of REST APIsrather than just a user interface, to automate workflows for private market investors. These APIs transform pitch decks into structured, enriched data and seamlessly integrate the output into popular tools like Affinity, Attio, and Slack.

This means a pitch deck received in a customer’s inbox overnight have already been cataloged in their CRM with a memo written before their morning coffee. This approach modernizes the investment process, and speed up decision making.

The company is expanding with a new office in Palo Alto, California, and has launched the beta version of AlphaLens, a product-centric AI search engine.

Alliance VC and Luminar Ventures co-led the round, with participation from First Degree Capital and Skyfall Ventures. Notably, all investors were Deckmatch customers prior to investing.

Deckmatch also creates a comprehensive index of products worldwide, something that has never been done before alphalens, which combines product-level AI search with traditional firmographic data. The platform examines offerings across the entire market spectrum, from startups to tech giants, providing users with unique competitive insights that go far beyond conventional market intelligence.

Leo Gasteen, co-founder of Deckmatch, says:

“We’s rewiring how private markets view innovation by shifting focus from firmographic data to the products themselves.

This sharper lens gives all market participants a clearer view of what really drives value. As we begin our new chapter as a US-based company, it is worth noting we are not only entering a new market – we are create one.”

Louise Hagen, partner at Luminar Ventures comments that “As Deckmatch became the core of our internal toolset within the first few months as users, it became clear that we needed to support them as investors.”

“It’s not just because we believe in the product’s ability to massively accelerate the VC decision-making processbut also because we know that the founders have the vision and persistence to target adjacent markets in the future.”

Along with raising this new round, Deckmatch will open an office in Palo Alto, California, led by Leo Gasteen.

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