Montreal, April 14, 2023 – Makila (makila.ai), an AI-powered predictive analytics and simulation solution, has announced the closing of its second round of financing, led by Crédit Mutuel Equity. This new financing will allow Makila AI to carry out its business plan aimed at a strong growth of its international activities and will stimulate the development of its innovative technological solutions in order to better serve its network of customers and partners.
Exponential growth since its launch
Crédit Mutuel Equity’s support will strengthen the sales and R&D teams to conquer new markets and expand its ecosystem of strategic partners in Europe and North America. Makila AI has strengthened its data valorization platform with Explainable, Ethical and Trust AI. The solution is currently deployed for large organizations in the public and private sectors.
“With the support of Crédit Mutuel Equity, the international expansion of Makila AI that we are considering will be on a larger scale in order to continue our expansion strategy and our willingness to invest in our team and technology,” said Layla Nasr, CEO, Makila AI.
An AI-powered data valorization solution that meets market needs
Makila AI is a data transformation and valorization platform that enables end-to-end data lifecycle management with machine learning models. The solution has been deployed in several sectors and business areas such as health, human resources, including diversity and inclusion, and finance. Makila’s roadmap also plans to expand the capabilities of its offering in areas where data protection is critical such as defense and security.
The Makila team is made up of data science experts who support organizations in the implementation of data valorization solutions using agile methods that allow stakeholders to transparently monitor the progress of complex projects.
Funding for Makila AI’s international expansion
“As a transatlantic player, we are proud to support the Makila team, both in Canada and Europe, in their mission to help companies make strategic decisions. Indeed, by combining responsible artificial intelligence algorithms with in-depth expertise in data analysis in a secure environment, Makila has the potential to become a leader in predictive analytics applied to the FP&A market, and especially in the field of Human Resources. “, said Ludovic André, Managing Director of Venture Capital at Crédit Mutuel Equity in Canada.
Its partnerships with organizations such as Inetum, CGI France, Alixio and Sopra HR in Europe or Labranche Therrien Daoust Lefrançois (LTDL) and L’effet A in Canada allow it to meet the highest level of its clients’ requirements.
About Makila AI
With offices in Montreal and Paris, Makila AI designs and develops simulation and predictive data analysis solutions integrating all the levers of artificial intelligence. Companies use the services of Makila AI to help them guide and plan their strategic decisions. Since its foundation, Makila AI has developed a client base mainly consisting of organizations in the public and healthcare sectors, companies in the banking, insurance, retail, IT and telecommunications sectors. Solutions powered by the power of trusted AI developed by Makila AI take into account the requirements of diversity and inclusion.
For more information: www.makila.ai
About Crédit Mutuel Equity
Crédit Mutuel Equity brings together all of Crédit Mutuel Alliance Fédérale’s Private Equity activities: Growth Capital, Buyout Capital and Innovation Capital. Crédit Mutuel Equity provides capital support to managers at all stages of their company’s development – from start-up to transfer – by giving them the means and time they need to implement their transformation projects. Crédit Mutuel Equity brings together more than 350 managers who share their convictions and questions within a real network of entrepreneurs who offer everyone, whatever the nature of their project, the assurance of benefiting from the experience of others. By investing its own capital (€4 billion), Crédit Mutuel Equity finances companies’ projects according to time horizons adapted to their development strategy, in France as well as in Germany, Switzerland and Canada.
For more information: www.creditmutuel-equity.eu
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