Arbolus raises $6m for AI-driven platform that puts collaboration at the Future of Work
by Startacus Admin
The Barcelona-based startup Arbolus secures funding boost to support the development of its enterprise knowledge sharing platform and its international growth plans
Knowledge is power and in the UK alone, the world’s leading companies spend $60bn a year on using outside expertise to drive their business forward, but rarely retain or repurpose this elsewhere in the organisation. As experts and consultants are increasingly brought in by big corporates, Arbolus, the expert knowledge platform is delivering the future of work through innovative tools to support the knowledge sharing process.
Arbolus helps large organisations build valuable expert networks and maintain knowledge by delivering a unique toolset built on AI and natural language processing capabilities in order to make collaboration and knowledge easier and maximise the value held by the experts.
Since the future of work is shifting towards an ever growing set of collaborations, with experts brought in to plug particular gaps of knowledge, the potential for Arbolus is huge.
The startup has recently raised $6m in investment in order to scale its platform to serve large enterprises, consultancies and investment firms. The investment has been led by early-stage UK VC, Fuel Ventures in addition to Plug and Play, one of the most active VCs in Silicon Valley.
Sam Glasswell, CEO and co-founder of Arbolus, said, “Having the right information gives you a competitive edge but the typical means of engaging with experts through one hour calls alone is failing to deliver value. These interviews are usually held by a single department and their findings end up lost in PowerPoint presentations or reports. Therefore, companies are only building up a short-term view. We are bringing innovation to the ways companies are working with external experts by using groundbreaking technology to, not just build expertise within organizations, but deliver it in ways that are digestible, searchable and, most importantly, usable for the months and years ahead across different departments.”
Mark Pearson, Managing Partner from Fuel Ventures added, “Arbolus have done amazing things in its first 24 months and it's a testament to the entrepreneurial ambition of Sam and Will backed up by their experience of helping to scale a $1bn company in their former lives. We want to foster the innovation and disruption Arbolous is bringing to an old-fashioned industry and be the leaders in connecting the dots between the expert used and the information they provide.”
A startup that’s most certainly one to watch!
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Published on: 26th March 2021
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