Our Fund II investment, Squirro, is opening its first office in Asia, looking to use the new Singapore office as a base from which to target other countries in the Asia-Pacific (APAC) region.
Squirro’s AI-driven context intelligence and data insights solutions are used by Financial Services (FS) firms all over the world, including organisations such as Wells Fargo, Investec and SwissRE. The Singapore office will be Squirro’s fifth opening, with offices in three European locations and its US HQ in New York. This latest international expansion is the first since Squirro finalised a $10M Series B funding round in July 2017, with investors including Orange Growth Capital and Salesforce Ventures. “Our continued international expansion reflects the growing maturity of AI and machine learning, technologies that are finally starting to deliver on the promise and hype,” said Dr. Dorian Selz, CEO at Squirro.