Using robotic cognitive automation, Tetrao’s technology simulates human behaviour to identify, read and understand complex information from websites and documents. Through its integrated solution, Tetrao enables companies to save time and costs currently spent on manual, error-prone and time-consuming processes.
“Data will only grow in importance going forward. The challenge is to find ways to collect and classify this massive amount of data through scalable automation. We are convinced that our industry needs data solutions that combine technology and human interactions to deliver quality, speed and scale, and this is precisely what Tetrao provides. This is a strategic investment for the exchange, as data will drive our future growth,” commented Robert Scharfe, CEO of LuxSE.
Incubated in the Luxembourg eco-system
Tetrao was created in Luxembourg in 2014 and is a member of the Luxembourg House of Technology. In 2017, Tetrao won the BNP Paribas International Hackathon, where 160 fintechs competed for the prestigious prize. The following year, Tetrao was selected among 1,800 fintechs across Europe to be included in the list of the 10 Most Promising Fintechs in Europe, the so-called Hot 10 2018, established by Fintech50. These successes are testimony to the highly qualified team at Tetrao, notably thanks to its partnership with the École des Mines de Nancy.
Tetrao started its commercialisation in 2017, and since then, the start-up has opened offices in France and Spain and has recently grown to 25 employees, with ambitious plans ahead.
“Artificial Intelligence is only in its first stages of deployment in the industry. It has great potential to change the way we work with data, improving dramatically both quality and time to market. Thanks to the backing of LuxSE, Tetrao has the means to become a key leader of the AI-driven economy in Europe and is able to tackle new challenges,” stated Christian Gillot, CEO and Founder of Tetrao.
AI-powered data collection