Hamburg-based AI startup Logicc has raised €2.5 million in a seed round backed by 10X Founders Fund, Redstone, MS&AD, and strategic angel investors.
Founded last year, the company says it has already surpassed €1 million in annual recurring revenue and serves around 1,800 organizations. Logicc develops a secure AI platform designed for sectors with strict data protection requirements, including healthcare, legal services, and public institutions.
The startup positions its product around GDPR compliance and Section 203 of the German Criminal Code, aiming to address a key barrier to AI adoption in compliance-sensitive industries.
Logicc said the new funding will be used to further expand the platform and support targeted marketing efforts aimed at reaching more regulated companies.
Founded last year, the company says it has already surpassed €1 million in annual recurring revenue and serves around 1,800 organizations. Logicc develops a secure AI platform designed for sectors with strict data protection requirements, including healthcare, legal services, and public institutions.
The startup positions its product around GDPR compliance and Section 203 of the German Criminal Code, aiming to address a key barrier to AI adoption in compliance-sensitive industries.
Logicc said the new funding will be used to further expand the platform and support targeted marketing efforts aimed at reaching more regulated companies.