Techvisory strengthens and equips itself for the challenge of artificial intelligence applied to businesses. The ICT company chaired by Franco Bernabè has closed a EUR 2.5 million capital increase, fully subscribed by institutional investors. The resources will be used to accelerate technological development, commercial strengthening, and possible acquisitions. The heart of the offer is TextGenius, a proprietary ‘vertical’ AI platform designed to integrate into the most sensitive business processes: legal offices, compliance, procurement.
Techvisory was founded in 2023 on the initiative of former Telecom Italia chairman and CEO Franco Bernabè, who gathered around him a group of former Tim managers, including former chief technology officer Raimondo Zizza, and founded an innovative start-up operating in artificial intelligence. On this front, the company is now focusing on a model that claims attention to privacy and intellectual property. Not a ‘generalist’ product, but a tool built to reduce operating costs and management time, while keeping governance and responsibility in the hands of the client company.
For Bernabè, chairman and controlling shareholder of Techvisory, the operation has a strategic value: “The entry of leading institutional investors represents a fundamental step that confirms the quality of our industrial project and the strength of our technologies. In a rapidly expanding market, these resources will allow us to accelerate on the innovation front and strengthen our presence in key sectors, seizing development opportunities in the medium to long term’.
CEO Raimondo Zizza, for his part, insists on the concrete impact of the platform: ‘TextGenius is already an operational reality at large Italian companies, where it is proving to be able to generate a rapid return on investment and a significant reduction in operating costs from the very first months of use. Our goal is to enable companies to consolidate their leadership by enhancing their human capital through the strategic integration of AI’.