The AI-powered information platform Wobby has raised €1.1 million in a seed funding round from Shaping Impact Group: SI3 fund, V-Ventures and imec.istart. This investment will allow the Antwerp-based founders to expand into new European markets and make their first commercial moves in the United States.
Wobby collects, analyzes, and reports data using AI, enabling knowledge workers to make quick, informed decisions based on accurate information. Founded in 2023, Wobby is led by former investigative journalist Amra Dorjbayar (CEO) and Nathan Tetroashvili (CTO). Both previously contributed to the fact-checking platform deCheckers. With Wobby, they continue their fight against misinformation, providing a centralized tool for knowledge workers seeking reliable information.
“Knowledge workers today face an overload of information and tools, making it increasingly difficult to find credible sources and organize their work effectively,” explained Amra Dorjbayar. “While many AI tools speed up information gathering and content creation, they also introduce additional complexity. Wobby aims to resolve this by combining all essential knowledge functions in a single platform, allowing users to access reliable insights quickly and translate them into action.”
In a world where information spreads rapidly, Wobby takes a step back to provide broader context. Using AI and automation, the platform aggregates data and generates new insights. Routine tasks are minimized, enabling knowledge workers to produce content more accurately and efficiently. Transparency is embedded in every step of the process, which is crucial in fields where factual accuracy is paramount.
For example, journalists can access poverty statistics from Statbel with a few clicks, analysts can generate climate change charts based on recent studies, and management consultants can integrate sales and financial data into clear client reports. With Wobby, knowledge workers save up to 75% of their time on research, analysis, and content production.
“Our platform is valuable across various sectors, from journalists to researchers and business analysts,” commented Nathan Tetroashvili. “With this new funding round, we can accelerate our marketing efforts in Europe and begin our first commercial steps in the U.S. By the end of next year, we’re aiming for a revenue of two million dollars.”
Currently, Wobby has a team of seven employees, primarily developers, and serves 12 major clients, including Roularta, Belga, Mediafin, Zimmo, Becom, and FSA. The startup is running a pilot project in the UK and has test users in 73 countries. Last year, Wobby was the only non-U.S. company invited by the U.S. government to discuss transparency and open data.
“We strongly believe in Wobby’s ability to make data-driven decisions accessible to all. Their AI platform supports not only journalists but also policymakers and professionals,” added Selim Vanbecelaere, Partner at Shaping Impact Group. “The Wobby team is full of energy, and we’re thrilled to support them in their growth. Wobby’s mission and passion for countering polarization align perfectly with the values of our SI3 fund.”
“We’re extremely pleased to continue our partnership with Wobby,” concluded Lot Carlier, Managing Director at V-Ventures. “Their growth exceeds our expectations every day. Their innovative approach and impressive progress confirm our confidence in their potential to shape the future of knowledge work.”
Read the orginal article: https://www.eu-startups.com/2024/10/antwerp-based-wobby-raises-e1-1-million-for-its-ai-information-platform-for-knowledge-workers/
