Cloudsquid Secures $1M Pre-Seed Funding to Expand AI-Agent Platform for Unstructured Data

Cloudsquid is building an AI-Agent platform that simplifies the process of transforming unstructured data into actionable, structured data.

Company Name: Cloudsquid
Location: Berlin, Germany
Sector: AI, Data Extraction & Transformation

Leadership: Founded by Filip Rejmus (formerly Taktile and Uber), Sangwoo Bae (formerly AWS and Kubermatic), and Mike McCarthy,

Funding Details:
Cloudsquid raised $1 million in a Pre-Seed funding round led by High-Tech Gründerfonds and Backbone Ventures. Angel investors include Reetu Kainulainen (Founder, Ultimate AI) and Udi Miron (VP Product, Ultimate AI).

Purpose of Funding:
The company will use the funds to scale its engineering team and enhance its core platform, aiming for a broader launch later this year.

About Cloudsquid:
Cloudsquid is building an AI-Agent platform that simplifies the process of transforming unstructured data into actionable, structured data. The platform’s API ingests files in any format, converts them to structured data, and seamlessly integrates with downstream systems like databases, ERPs, and CRMs. By eliminating the need for manual data entry workflows at the intake step, Cloudsquid empowers engineering and data teams to focus on core functionalities and user experience enhancements.