Aptus.AI has secured a €3 million pre-Series A investment led by P101 Sgr to enhance compliance solutions for the banking and insurance sectors using innovative AI technology.

Information on the Target

Aptus.AI is a startup founded in Pisa by Andrea Tesei and Lorenzo De Mattei, focusing on enhancing compliance operations for large organizations, particularly in the banking and insurance sectors. The company's mission is to transform compliance from a mere obligation and cost center into a business opportunity by changing how these organizations access, consult, and utilize vast amounts of legal documents. Their proprietary technology, embodied in the Daitomic platform, turns any legal document into an interactive, machine-readable format, facilitating improved compliance management and revealing potential business impacts.

Since its inception, Aptus.AI has made significant strides, launching a pilot application in the latter half of 2021 that swiftly transformed compliance activities. This success led to a seed round that allowed the company to consolidate its offering with a comprehensive solution addressing the complex needs of financial institutions. These capabilities encompass rapid and targeted compliance research, tracking legislative changes, creating customized multilingual legal inventories, and simulating impacts to anticipate future regulatory trends.

Industry Overview in Italy

The financial industry in Italy has undergone substantial transformation over the past 15 years, catalyzed by the emergence of fintech and increasing regulatory oversight. With growing competition introducing innovative