Predikt Secures €750,000 to Enhance AI-Powered Financial Forecasting

Predikt, a Belgian-Swiss start-up specialising in AI-driven financial forecasting, has raised €750,000 in a funding round with notable investors, including Winter Circus CEO Louis Jonckheere and Silverfin founder Joris Van der Gucht.

Founded earlier this year, Predikt aims to assist large corporations and multinationals by integrating millions of external indicators, such as commodity prices and consumer behaviour, into financial forecasts.

Tackling Financial Forecasting Challenges

CFOs face increasing challenges due to economic volatility, including supply chain disruptions and geopolitical risks. Predikt’s platform enriches traditional financial forecasts by including real-time macroeconomic data, helping finance teams anticipate market shifts more effectively.

Nick Vandesype, CEO of Predikt, said

Predikt offers the solution by enriching financial forecasts with real-time macroeconomic signals. Our platform filters out noise and enables CFOs to act with confidence and certainty, even in the most uncertain market conditions. We provide clear, defensible insights that close the gap between departments and provide a consistent overview of the company’s financial health.

Investing in Scalability and Market Expansion

The funding will enhance the platform’s scalability and expand its user base. Predikt aims for increased user friendliness and market positioning in Europe, with future plans for a Swiss office. Its innovative solution, initially developed at KU Leuven, has already seen early traction with customers.

Support from Key Industry Figures

Investors, including seasoned entrepreneurs from Silverfin, Showpad, and Henchman, bring invaluable expertise.

Louis Jonckheere remarked,

The strong features of Predikt that immediately convinced me are the strong team and their technology that is not only cutting-edge, but also directly applicable in practice. I had the opportunity to work with Nick several times and got to know his strong expertise and versatile skillset up close.

Maud Vermeulen, Managing Partner at Keyrus EPM EMEA, emphasised

Companies that invest in predictive analytics give themselves a powerful tool to navigate uncertainty and make better decisions. By combining internal data with external market signals and innovative artificial intelligence, Predikt provides companies with a crucial competitive advantage.

Nick Vandesype concluded

This complementarity not only allows us to further refine our technology, but also to strategically drive our growth and strongly market Predikt in the short term.