Tilect Secures Angel Investment to Accelerate AI‑Powered Pricing and Sales Forecasting Platform
Portuguese AI pricing and sales forecasting startup Tilect has secured early‑stage backing from angel investors as it continues to build momentum in the enterprise artificial intelligence space. The Porto‑based company, founded in 2024, develops an AI‑powered platform that helps business teams simulate pricing strategies, forecast sales with high confidence and improve profit margins without the need for traditional data science resources. Tilect’s solution, centered on its Intelligent Algorithm Builder, has attracted attention from investors seeking to support innovative applications of generative AI in commercial decision‑making.
Tilect’s Intelligent Algorithm Builder platform enables non‑technical business users in sales, pricing and finance teams to engage directly with AI to create tailored pricing strategies, test “what‑if” scenarios and optimize outcomes across revenue, volume and margins. The company positions its solution as a no‑code alternative to rigid legacy pricing tools and costly internal AI teams, allowing enterprises to deploy strategic pricing decisions at speed. Since launch, Tilect’s technology has been piloted with companies reporting significant forecast accuracy and measurable return on investment.
In its emerging funding history, Tilect has attracted support from COREangels Lisbon, an angel investor group based in Portugal that focuses on high‑potential startups in seed and pre‑seed stages. COREangels Lisbon’s participation in Tilect’s early financing reflects a broader interest in backing deep tech startups applying AI to enterprise problems. The group, composed of serial entrepreneurs and experienced business angels, adds not only capital but also mentorship and strategic guidance to its portfolio companies.
COREangels Lisbon’s investment in Tilect underscores the appeal of the company’s approach to empowering business users with advanced AI capabilities without the traditional need for large in‑house data science teams. Angel groups like COREangels Lisbon aim to support founders who combine technical innovation with clear‑cut commercial use cases, and Tilect fits this profile with its focus on pragmatic, revenue‑driven outcomes.
Tilect’s founders, including technical lead and AI specialist Joao Santos alongside co‑founder Simão Sousa, built the company around the conviction that many enterprises struggle to operationalize complex data and models due to technical bottlenecks and resource constraints. By providing a chat‑based interface and plug‑and‑play AI capabilities, Tilect seeks to democratize access to actionable insights that were once the sole domain of specialist analytics teams.
While detailed figures for Tilect’s seed funding round have not been publicly disclosed, industry profiles place the company’s total funding between €100,000 and €500,000, a range consistent with early angel injections and initial accelerator support. This level of backing is typical for startups in Portugal’s growing AI and SaaS ecosystem, where angel groups and early‑stage investors play a crucial role in bridging the gap between concept and scalable commercial traction.
In addition to securing investment from COREangels Lisbon, Tilect’s trajectory has been bolstered by its acceptance into the Campus Founders Accelerator in Germany, a program known for supporting high‑growth startups through mentorship, networking and strategic resources. Being part of this accelerator gives Tilect access to a broader European ecosystem of founders and investors, positioning it to accelerate product development and business expansion.
The combination of investor backing and accelerator participation comes at a time when demand for AI‑driven pricing and forecasting tools is growing. Businesses across sectors such as telecom, retail, automotive and FMCG increasingly seek solutions that can turn complex datasets into actionable strategy without the overhead of hiring large teams of AI specialists. Tilect’s platform aims to meet this demand by enabling faster adoption of intelligent forecasting and pricing tools.
Tilect’s participation in prominent tech events, including representation at the Web Summit, further signals its ambition to expand visibility on the international stage. Engaging with global tech communities helps startups like Tilect connect with prospective customers, partners and investors, creating opportunities for subsequent funding rounds and commercial deals.
Despite its early‑stage status, Tilect’s growth reflects a wider trend in European AI startups where early validation from angel networks and accelerator programs can help catalyze product refinement and market entry. With its current investor support and participation in accelerator ecosystems, Tilect is positioning itself to capitalize on the increasing appetite for AI solutions that are both powerful and accessible for business decision‑makers.
Looking ahead, investors and industry observers will be watching how Tilect’s platform evolves and scales as it continues to refine its technology and expand its footprint in competitive enterprise markets. Angel backing from groups like COREangels Lisbon provides a foundation for future growth, setting the stage for additional investment and broader market adoption as Tilect seeks to become a recognized player in AI‑enhanced pricing and sales strategy.
