Zerve AI has secured a US$7.6 million seed funding round led by Paladin Capital Group
October 2024 — A US$7.6 million seed funding round, led by Paladin Capital Group, has been secured by Zerve AI.
Zerve AI has developed an end-to-end platform which leverages AI to simplify the building, management and deployment of data workflows. The platform is designed specifically for code-first data teams. Headquartered in Limerick, Ireland, Zerve AI was founded in 2021 by Jason Hillary, Greg Michaelson and Phily Hayes.
Paladin is a global investor that supports and accelerates the growth of innovative companies through venture investment, expansion and growth capital. The company is headquartered in Washington, DC, with offices in New York City, Silicon Valley, London and Luxembourg.
Our role in the transaction
Oaklins’ team in Ireland acted as the sole financial advisor in this transaction.
Talk to the deal team
Related deals
Moneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn moreTA Associates has completed a sell-down of its stake in Eurowag
TA Associates has completed a US$40 million accelerated bookbuild (ABB), selling approximately 4.3% of its shareholding in W.A.G. payment solutions AS (Eurowag) through a secondary offering on the London Stock Exchange. The transaction formed part of the private equity sponsor’s continued partial exit following its investment in Eurowag in 2015. The offering attracted strong demand from international institutional and Czech investors, resulting in a successful placement at US$1.33 per share, a 7.4% discount to the previous close and a 2.2% discount to the one-month volume-weighted average price (VWAP).
Learn moreDIGMATIX has entered the Czech market through the acquisition of LLP CRM
DIGMATIX has acquired LLP CRM, a Czech Microsoft Dynamics 365 Customer Engagement specialist. The acquisition marks DIGMATIX’s entry into the Czech market and strengthens the group’s capabilities in customer relationship management (CRM), sales automation, customer service and AI-powered business solutions.
Learn more