Councyl

Councyl

AI based decision support software | Councyl. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD2—3m (Dealroom.co estimates Dec 2023.)
Company register number 77757505
Delft South Holland (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues<1m<1m<1m
% growth-50 %-
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DateInvestorsAmountRound
*

N/A

Spinout

€120k

Seed

€40.0k

Grant
*

€350k

Early VC
Total FundingCAD765k

Recent News about Councyl

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More about Councylinfo icon
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Councyl.ai is a tech startup that operates in the artificial intelligence (AI) sector, specifically focusing on risk management and decision-making processes. The company's primary offering is a unique Behavioral AI Technology (BAIT), developed in partnership with TU Delft, which digitizes human expertise into a model for making decisions. Unlike traditional AI systems that rely on historical data, Councyl.ai uses what they call "Expert Data," which is essentially the implicit knowledge of professionals made explicit.

The company's technology is designed to identify complex and high-priority cases, allowing businesses to distribute work more effectively and focus attention where it's most needed. It also aims to make decision processes measurable, thereby creating room for professional judgment without risking arbitrariness. In simpler terms, it helps businesses make informed decisions based on expert knowledge, rather than just historical data.

Councyl.ai's services are primarily targeted at businesses that require risk management and decision-making support. This could include a wide range of sectors, from finance and insurance to healthcare and manufacturing. The company's business model revolves around providing these businesses with the tools they need to make better, more informed decisions, and it generates revenue by charging for these services.

In addition to its core services, Councyl.ai also offers automatic reporting features that help businesses identify and escalate risks. This means that businesses can not only make better decisions but also manage potential risks more effectively.

In summary, Councyl.ai is a unique player in the AI sector, offering innovative solutions for risk management and decision-making based on expert knowledge rather than historical data.

Keywords: Artificial Intelligence, Risk Management, Decision-Making, Expert Data, Behavioral AI Technology, Automatic Reporting, Business Support, Digitized Judgment, Transparent Results, TU Delft Partnership.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.