Comparables.ai Raises $6M in Seed Funding

Helsinki, Finland, October 6th, 2026, FinanceWire

AI-powered M&A intelligence platform expands globally as enterprise adoption accelerates across 30+ countries

Comparables.ai, the AI platform giving dealmakers market-leading visibility into global private and public markets, has raised $6M in seed funding, led by Pragmatech and Araya Ventures, alongside Purple Ventures, Gorilla Capital, hi5 Ventures, Somersault Ventures and other investors.

The funding will support multi-market rollouts and strengthen its core AI engine. The platform serves more than 50,000 professionals across more than 30 countries, and a Big Four advisory firm is extending its deployment to more than 10 countries.

M&A has long been dominated by closed networks and incomplete information, leaving even experienced buyers and advisors with missed bidders, unseen targets and market signals that do not travel.

Built for corporate development teams, private equity firms, M&A advisors and investment banks, Comparables.ai combines the most comprehensive worldwide dataset, covering over 370M active companies, with an AI-native discovery engine that maps markets in minutes rather than months. Bringing together private company financials, group structures, valuations, M&A transactions and verified contacts, it delivers origination coverage once accessible only to top-tier banks.

A Founding Team Built for This Moment

Co-founders Niko Nalli, Markus Vesala and Martin Kangasniemi bring hands-on experience in M&A advisory and financial markets, and a conviction that mid-market dealmaking's information asymmetry is a solvable technology problem.

Co-founder and CTO Muhammad Ammad-ud-din holds a Ph.D. from Aalto University's Department of Computer Science and completed postdoctoral research at the University of Helsinki, developing machine-learning methods for integrating multiple data sources, with peer-reviewed work in journals including Nature Biotechnology. At Comparables.ai, he turns fragmented data from multiple markets and jurisdictions into a unified intelligence layer for private companies worldwide.

Comments from the Founders

"Mid-market M&A has always been a visibility problem," said co-founder Martin Kangasniemi. "If you cannot see the whole field, you cannot run the best process. We built Comparables.ai to give any deal team the asymmetric advantage of a global bank."

Corporate development teams can map targets in any niche before their first strategy meeting, private equity firms can screen add-ons across a dozen markets at once, and M&A advisors can build complete buyer lists beyond existing relationships. Users describe a market, and the platform returns the companies, financials, ownership structures and decision makers behind it.

"We are seeing a fundamental shift," Martin added. "Deal teams are taking more of the early market discovery into their own hands, reducing the time and cost of identifying opportunities before engaging external advisors. With our data and technology, teams who have the capital but not the bandwidth can now run a more structured and global search from day one."

Investor Perspective

Rupa Popat, Founder and Managing Partner of Araya Ventures, said: "Araya are excited to back this incredible team of talented operators who are supercharging dealmaking and M&A activity with full transparency, data and true market visibility."

Artem Yaremchuk, General Partner at Pragmatech Venture Capital, said: "What gave us conviction was the combination of a strong customer base, including Big Fours, consistent evidence that the product delivers real value in customers' day-to-day work, and a team with deep M&A expertise. Comparables.ai's AI-native approach is disrupting a market still dominated by legacy, filter-based tools, giving it a clear competitive advantage. We believe the company can become a category leader in M&A intelligence."

About Comparables.ai

Comparables.ai is an AI-powered M&A discovery and analysis platform used by corporate development teams, enterprises, private equity firms, M&A advisors and investment banks for mid-market M&A origination worldwide. The platform unifies all required datasets for modern dealmaking, including companies, financials, valuation, M&A transaction and verified contact data, into a single system. This enables deeper market visibility and more systematic origination. The company is headquartered in Helsinki, Finland, and serves customers in more than 30 countries.

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