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Plural AI SIGNED

The knowledge engine for finance

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

Plural AI project word cloud

Explore the words cloud of the Plural AI project. It provides you a very rough idea of what is the project "Plural AI" about.

acquisitions economic lot annual firms provides majority instances questions machine intensive decision beta strategic time arms ai market reduce language failing 20 generating financial billion technologically data million proper lasting saas investments learning platform gamechanger companies decisionmaking investment venture competitiveness decisions natural vc human 2024 fee forefront takes markets made maximize internal strategy dependent humans capital plan private reaching relationships licence fintech share finance solution 89 gain inaccurate answers customers unsophisticated graph equity corporate follow depleting revenues global powered plural pe acquisition helping continues deals banks reports innovate consultancies fraud version position science changing advisors effort model investors merger

Project "Plural AI" data sheet

The following table provides information about the project.

Coordinator	PLURAL AI LIMITED Organization address address: EVOLUTION HOUSE ICENI COURT DELFT WAY NORWICH INTERNATIONAL AIRPORT city: NORFOLK postcode: NR6 6BB website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	United Kingdom [UK]
Project website	https://plural.ai
Total cost	71˙429 €
EC max contribution	50˙000 € (70%)
Programme	1. H2020-EU.3. (PRIORITY 'Societal challenges) 2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs) 3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
Code Call	H2020-SMEInst-2018-2020-1
Funding Scheme	SME-1
Starting year	2019
Duration (year-month-day)	from 2019-10-01 to 2019-12-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	PLURAL AI LIMITED PLURAL AI LIMITED Organization address address: EVOLUTION HOUSE ICENI COURT DELFT WAY NORWICH INTERNATIONAL AIRPORT city: NORFOLK postcode: NR6 6BB website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	UK (NORFOLK)	coordinator	50˙000.00

Map

Project objective

Economic growth and competitiveness are dependent on the investment in companies in order for them to innovate and advance. But the majority of merger and acquisitions deals end up failing and depleting the value of the companies involved. This in part because proper analysis and data driven decision are not being made during these deals. The current solution to this problem is human analysis, which takes a lot of time and effort and is very cost intensive. Using natural language processing, machine learning, and knowledge graph technology, Plural AI has developed a beta version of a data science platform for financial analysis capable of generating data driven reports on financial markets and potential acquisition targets. Plural AI is a gamechanger as it provides answers to complex questions and allows humans to focus on decisionmaking and strategy. Corporate finance is still behind technologically, meaning that a lot of their financial analysis continues to be unsophisticated and inaccurate. Plural AI is on the forefront of AI powered financial analysis technology. Plural AI can help to bring corporate finance to the future, helping companies to make better financial decisions. This will position us to gain a share within the €5 billion global AI fintech market. To reach our goal of changing the market and reaching a market share of 5-20% with €89 million revenues by 2024, we plan to follow a SaaS model based on an annual licence fee. Our customers are investors focused on private companies (private equity / venture capital (PE/VC)), strategic investors (internal M&A/corporate development arms of large firms), investment banks and other corporate finance advisors/consultancies. Plural AI’s technology has the potential to reduce instances of fraud in the investment process. It can also help to maximize Europe’s investments and build strong long-lasting relationships between companies.

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The information about "PLURAL AI" are provided by the European Opendata Portal: CORDIS opendata.