Scavenger AI gets 2.5 million euros – with this pitch deck

When it comes to artificial intelligence, medium-sized businesses have now become a popular target group for startups. The same goes for Scavenger AI.

Scavenger AI's software

The startup has developed software that aims to give European companies easy access to their data by allowing them to ask questions to the AI ​​from the areas of sales, controlling and production. The startup cites example questions: “How are our cost centers developing?” or “Which projects are over budget and why?”.

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The AI ​​provides the appropriate answers based on the available company data. To do this, she learns the business logic of the respective company.

Scavenger AI has now received 2.5 million euros in seed financing for its AI platform. The round was led by Beteiligungs-Managementgesellschaft Hessen mbH (BMH). The public innovation fund xdeck as well as the existing investors High-Tech Gründerfonds (HTGF) and Calm/Storm Venture are also involved.

Founder among the “Forbes 30 under 30”

Felix Beissel and Maximilian Hahnenkamp founded Scavenger AI in 2023. Beissel takes care of the tech part of the startup and product development, Hahnenkamp is responsible for strategy, sales and fundraising. Both previously studied at the Università Bocconi, a private business university in Milan. Last year, Hahnenkamp made it into the “Forbes 30 under 30” list, which is popular among founders.

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With Scavenger AI, the founders want to turn “every employee into a data analyst,” is the promise. “Our goal is simple: every employee should be able to make data-based decisions without writing a single line of code,” says von Hahnenkamp.

The startup is GDPR-compliant and the servers are hosted in Europe. Scavenger AI's previous customers include companies such as Telekom, Renault and Congstar.

The founders plan to use the fresh capital to further develop their product and expand within Europe.

Click here for the pitch deck

Scavenger AI provided the pitch deck for the financing round to Gründerszene.

You can find more pitch decks on our pitch deck overview, You can get feedback from experts for your own slides here.