GP BULLHOUND INVESTS IN CAUSALENS IN USD45M ROUND
Software that understands cause-and-effect.
London, 28 January 2022 - GP Bullhound announces a new investment into causaLens, in a $45M round led by Dorilton Ventures and Molten Ventures.

“Our vision is to create a world in which humans can trust machines with the greatest challenges in the economy, society, and healthcare. Our customers are seeing transformative results with our no-code platform, and we now have the resources to bring our product to everyone,” said causaLens CEO and co-founder, Darko Matovski.

Per Roman, Managing Partner at GP Bullhound, said: “Causal AI represents a step change in moving away from correlation-based curve-fitting algorithms into true artificial intelligence that understands cause and effect. This positive decision comes off the back of our learnings from being an investor in Ravenpack, the leader in the adjacent field of Semantic AI. Truth told we were blown away by Darko and his team of brilliant engineers.”

Causal AI represents a giant leap ahead of current correlation-based AI technologies, which blindly extrapolate historical patterns to forecast the future and are unable to ask counterfactual questions — the ‘what ifs’ that are the foundation of human imagination and creativity. causaLens’s no-code platform delivers far more accurate and reliable results and allows humans and machines to work together for the first time.

Since emerging from stealth mode in January 2021, causaLens has seen annual revenue grow by more than 500%. The company has won marquee clients including Tier1 banks, hedge funds, governments and Fortune 500 companies.

GP Bullhound invested through Fund V. Recent investments include Whoop, Patreon, DuckDuckGo, Discord, Revolut, Klarna and Ravenpack among others.

Enquiries
For enquiries, please contact:
Joakim Dal, Partner, at joakim.da[email protected]

About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 10 offices spanning Europe, the US and Asia. For more information, please visit www.gpbullhound.com.

Sector
Software
Region
UK/Ireland