Meet Palturai – The Google of Business Data
We used to store data in paper-based handwritten cards. We bring this to the 21st century … so you can get some great insights from it.
Tilo Walter, CEO and Founder Palturai
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Tilo Walter, CEO and Founder Palturai
The Founder
We talk in this interview to Tilo Walter (https://www.linkedin.com/in/tilo-walter-18b90567/), the CEO and Founder of Frankfurt-based business intelligence platform Palturai (https://palturai.com/?lang=en).
Tilo first started out with an apprenticeship at a bank, after studying industrial engineering he was a consultant and then spent quite some time working in Germany’s largest credit bureau called Schufa.
This gave him the idea of Palturai, which allows one to aggregate important business data to companies.
We have data from more than 7 mn companies, from public sources, building a graph with more than 1 bn relations.
Tilo Walter, CEO and Founder Palturai
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The Startup
Palturai (https://palturai.com/?lang=en) is a business intelligence platform, aggregating important data about companies in their database. The company provides the information as a business graph. The name also originates form a Hungarian mathematician named Pál Turán, who contributed a lot to graph theory (https://en.wikipedia.org/wiki/P%C3%A1l_Tur%C3%A1n). The company was founded in 2014, but re-branded in 2020 with the opening of its first international location close to Philadelphia.
We have been bootstrapped, but with the international expansion we needed a proper funding round.
Tilo Walter, CEO and Founder Palturai
Funding Round
Palturai raised 4 mn Euros Series A investments, and their investors include a German bank and SBI Holding (Softbank’s Berlin entity).
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With the outbreak of corona, all of our US expansion plans have been blown to pieces. We had to change our strategy fast.
Tilo Walter, CEO and Founder Palturai
Learn more here: https://www.startuprad.io/blog/meet-palturai-the-google-of-business-data/
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