Optiverse receives the CHF 150,000 Kick to refine AI-driven meeting assistance

22.10.2024

To transform meetings into actionable insights and tasks, the ICT startup Optiverse received the final CHF 150,000 from Venture Kick to expand its solutions and accelerate market entry.

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CTO Raphael Ausilio, CEO Elio Assaf, and COO Mario Assaf
In today's hybrid work environment, businesses face significant challenges in making the most of meetings. Employees spend a substantial amount of time retrieving information, documenting discussions, and handling follow-up tasks manually such as CRM filling and email writing, which decreases productivity and increases administrative burden.

Optiverse's AI technology automates labor-intensive meeting tasks, including generating meeting minutes, automating post-meeting actions, and preserving knowledge in an easily accessible format. Its proprietary video summarization technology is able to extract essential highlights, providing users with a meeting intelligence platform. This allows employees to stay focused during meetings, knowing that the administrative work is handled. It uniquely embeds multi-language support, including Switzerland's main languages, demonstrating its commitment to improving local business productivity.

In 2024, the global AI market exceeded USD 184 billion and is projected to surpass USD 826 billion by 2030, growing at an annual rate of approximately 29%. Optiverse's solution addresses a wide range of professional needs, including internal team management, executives, sales personnel, and marketing professionals across various sectors and company sizes. Notably, the Optiverse solution is already being utilized daily by 15 Swiss organizations, with current users reporting an average of 6.8 hours saved every week due to the platform's capabilities. 

Optiverse will use the additional 150,000 CHF to expand its infrastructure and accelerate the deployment of its technology to more organizations.

The founding team—consisting of CEO Elio Assaf, CTO Raphael Ausilio, and COO Mario Assaf—brings expertise in AI, software development, and business strategy to address information overload and enhance productivity. They represent a collaboration among researchers from leading Swiss institutions, including ETH Zurich, EPFL, HSG, and HEC Lausanne.

“Venture Kick's support has been instrumental to our success by providing the necessary funding and exposure to kick our journey! It gave us the right momentum,” stated CEO Elio Assaf.


CTO Raphael Ausilio, CEO Elio Assaf, and COO Mario Assaf

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