Venture Capital
Zive, a new startup aiming to untangle companies' data, has raised $3.2 million in pre-seed funding. The German startup was founded in 2023 by the team behind Haiilo, a bootstrapped employee intranet business that was sold to private equity group Marlin Equity Partners for €10 million ($11 million) in 2020. Now, with Zive, the team wants to use generative AI to make the large amounts of unstructured data companies hold more accessible. Based in Hamburg, Zive wants to reduce employees from using multiple applications in their workplace, which can be a time-consuming and manual process.