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§ Private Profile · Donegal, Donegal, Ireland
Insolvency-tech startup using machine learning to identify and prevent insolvency failures for the UK debt industry, banks.
Based in Donegal, Ireland, Cerebreon Technologies is an insolvency technology startup that develops machine learning and predictive algorithms to process complex debt arrangements and forecast potential insolvency failures. The company provides an intelligent document recognition platform specifically designed to reduce operational costs and increase processing capacity for United Kingdom insolvency firms and major Tier 1 banks. Cerebreon has secured capital to scale its commercial operations, including a £1.5 million seed investment round and an additional €1.69 million in subsequent follow-on venture funding. The enterprise has received financial backing from the National Digital Research Centre (NDRC) and participated in prominent industry accelerators, including the Microsoft Global Scaleup Programme and the Accenture Fintech Innovation Lab. Cerebreon Technologies was established by co-founders Gillian Doyle and Kenneth Doherty, though the organization's exact founding year remains publicly undisclosed.
Cerebreon Technologies has raised $1.9M across 2 funding rounds.
Cerebreon Technologies has raised $1.9M in total across 2 funding rounds.
Cerebreon Technologies has raised $1.9M across 2 funding rounds. Most recently, it raised $1.9M Seed in March 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 31, 2020 | $1.9M Seed | Delta Partners | Kevin Monserrat, Growing Capital, Brian Mcdonald, Western Development Commission | Announced |
| Jun 7, 2018 | $40K Venture Round | — | — | Announced |
Cerebreon Technologies has raised $1.9M in total across 2 funding rounds.
Cerebreon Technologies's investors include Delta Partners, Kevin Monserrat, Growing Capital, Brian McDonald, Western Development Commission.