in

Deckmatch Raises $3.1M to Advance AI-Driven Investment Platform and Expand into the U.S.

Oslo, Norway – November 11, 2024

Deckmatch, an AI-powered platform revolutionizing private market workflows, has secured $3.1 million in seed funding. The round was co-led by Alliance VC and Luminar Ventures, with additional participation from First Degree Capital and Skyfall Ventures. This funding will support Deckmatch’s U.S. expansion, including the establishment of a Palo Alto office, and further development of its proprietary AI search engine, AlphaLens.

A Game-Changing Approach to Private Markets

Founded in 2023 by Leo Gasteen (CEO) and Dr. Walid Mustapha (CTO), Deckmatch transforms how private market investors evaluate opportunities by focusing on product-level insights rather than traditional firmographics. Through its REST APIs, Deckmatch automates workflows by converting pitch decks into structured, actionable data that seamlessly integrates into tools like Affinity, Attio, and Slack.

AlphaLens, Deckmatch’s newly launched beta product, goes beyond conventional market intelligence by indexing products across startups and established firms. This allows investors to gain unparalleled insights into competitive landscapes, target markets, and product positioning.

Investor Endorsements

Louise Hagen, Partner at Luminar Ventures, highlighted Deckmatch’s transformative potential:

“Deckmatch has become indispensable to our internal tool stack. The founders’ vision and the platform’s ability to reshape venture capital decision-making are why we’re excited to back them.”

Scaling with Purpose

With the new capital, Deckmatch will:

Expand its U.S. presence by opening a Palo Alto office.

Enhance AlphaLens, enabling deeper product-level intelligence for investors.

Accelerate product development to support a broader range of investment workflows.

CEO’s Vision

“We’re creating a new market by shifting focus from firm-level data to product-centric insights,” said Leo Gasteen, CEO of Deckmatch. “AlphaLens enables investors to uncover the real drivers of value, empowering smarter, data-informed decisions.”

About Deckmatch

Deckmatch’s platform modernizes the investment process, making deal evaluation faster and more precise. By automating data processing and delivering enriched insights, the platform allows private market investors to act decisively in a competitive landscape.

For more information, visit Deckmatch

Cogna Secures $15M to Revolutionize Precision AI Software for Enterprises

MONA AI Secures €2M to Transform Recruitment Automation Across Europe