Silico provides an AI-powered, no-code decision-making platform that lets organizations build digital twins of any business or process and simulate forwards in time. The software connects to enterprise data sources and offers a proprietary visual modelling framework that delivers digestible insights to analysts and decision makers. It is often used to support digital or change transformations and to streamline financial planning, demand forecasting and margin optimization. The company works with global enterprises across banking, telecoms, healthcare and chemicals, including clients such as Vodafone. Led by CEO John Hill and based in London, Silico raised £3.4M in a Seed round to support product and growth plans. The company intends to use the funds to build out its core engineering team, deliver an enhanced AI recommendation function, and expand its reach across Europe.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2022