Inveniam launches Inveniam AI
Blockchain-based valuations platform Inveniam Capital Partners has launched Inveniam AI to develop automated data interpretation tools.
Albert Maloof Berdellans III has been appointed as managing director of the division and he will lead the new Miami office. Previously, Maloof was vice-president of marketing and communications at real estate platform Mana Common.
Inveniam AI is expecting to launch its first software tools in Q3 2023 to invite-only clients, before publicly rolling out its offering.
“We use distributed ledger technologies (blockchain) to commute trust. Having a transparent trail of where data came from only enhances potential for AI to deliver actionable commercial value,” commented Patrick O’Meara, CEO of Inveniam.
Inveniam Capital Partners was founded in 2017 and built the operating system Inveniam.io to improve transparency in private market valuations and historical performance data. It uses blockchain technology to provide asset data into its ecosystem.
The firm previously secured $25m in series-A funding in 2021, which was led by Apex Group, K20 Fund, Dev.Pro and Global Blockchain Ventures.