Zurich-based Veezoo raises Series A funding to support its agentic analytics platform for data-driven questions and answers.


Contentlockr

Zurich-based Veezoo, a company focused on agentic analytics, announced a $6M (nearly €5.11M) Series A funding round led by ACE Ventures.

The round included participation from investors such as former Tableau CEO Mark Nelson and Ted Kummert, former Chief Product Development Officer at UiPath.

Mark Nelson, board member at Veezoo and former CEO of Tableau, says, “We’re at a moment in time where AI promises to finally unlock the power of data and analytics for the business user – a problem that has never been solved by traditional BI tools.”

“Veezoo has spent years developing the best approach and product to bring the power of AI and natural language to provide the simplicity and correctness necessary to empower the business user to answer their own questions with data.”

Mark Nelson and Mark Kornfilt serve on Veezoo’s Board of Directors. Nelson joined in 2024 and is a Venture Partner at Madrona with prior roles at Tableau, Concur, and Oracle. Kornfilt is a Venture Partner at ACE Ventures and previously led Vimeo as Chief Product Officer and President, guiding the company to $400M in revenue and a NASDAQ listing in 2021.

A chat-based data analytics solution

Veezoo develops an agentic analytics platform that allows users to ask questions and receive data-based answers. 

The platform combines agentic AI with a governed knowledge graph that standardises data definitions, applies business logic, and manages authorisation and access controls. Queries are compiled into SQL through Veezoo’s query language to produce auditable results.

Veezoo reports that its platform is used by thousands of users and by organisations including AXA, Bayer, Baloise, Breitling, Valora, and Air Up.

The company was founded in 2016 by Marcos Monteiro, Till Haug, and João Pedro Monteiro as a spin-off from ETH Zurich, where the founders conducted research in language models, question answering systems, and knowledge graphs.

Monteiro oversees company strategy and holds a degree in mathematics and statistics from ETH Zurich. Haug leads operations and product execution, while João Pedro Monteiro is responsible for platform and knowledge graph development.

Mark Kornfilt says, “Veezoo is on the path to unlocking the full depth of knowledge within organisations. The ability for every employee to ask any question and instantly receive validated, trusted data is a true game changer – decisions can finally be rooted in both data and the reality of the business.”

“By putting this power in everyone’s hands, Veezoo enables greater autonomy for individuals and agility for organisations of all sizes. We believe Veezoo is positioned to become the gold standard for how organisations make data-driven decisions, and we’re thrilled to partner with Marcos, JP, and Till on this journey.”

Capital utilisation

Veezoo stated that it is profitable and raised the funding to support its next stage of growth, with plans to use the capital to expand across Europe and the United States.

Marcos Monteiro, co-founder & CEO of Veezoo, says, “I’m really excited about the next step for Veezoo! After nearly a decade building the leading, AI-native Analytics platform and running it at scale with leading enterprises, we’re ready to expand.”

“This $6M round will let us accelerate what already works with our customers, deepen our presence in Europe and the United States, and double down in our technology, so every answer remains trusted, governed, and insightful.”

Brief about ACE Ventures

ACE Ventures is a Swiss-based early-stage venture capital firm that invests in technology companies in Switzerland and internationally. Since 2013, the firm has backed early rounds of companies, including Rippling, Astranis, Fivetran, GoCardless, and Truebill. 

ACE Ventures is led by a team of operators and engineers with experience building and scaling technology businesses, including Uber in Europe and Vimeo in the United States.