What does DecisionRules do?
Based in Prague, DecisionRules offers a cloud-native SaaS platform that empowers business users to create, edit, and deploy business rules in real time without heavy reliance on IT teams. Its platform is designed for a diverse range of industries including finance, insurance, e-commerce, logistics, and healthcare.
How much did they raise?
The company raised €1.6M in a Seed round led by Lighthouse Ventures, with additional participation from Czech Founders VC, BD Partners, Chilli Ventures, and angel investors Ory Weihs and Michael Rostock-Poplar.
What are their plans for the money?
DecisionRules intends to use the funding to accelerate its expansion into the US and UK, as well as to further develop its product offerings. This investment is expected to enhance decision-making capabilities for businesses, driving efficiency and reducing traditional costs associated with rule management systems.
What have they achieved so far?
Founded in 2023 by Václav Kandrnal and Petr Lev, DecisionRules has quickly advanced its platform and established a sales office in Wilmington, Delaware, marking a significant step towards broader market penetration.