NextStage, an investment platform enlisted on the Euronext Paris regulated market is happy to announce an investment which supports international development in YSEOP, an Artificial Intelligence gem as well as one of the world’s leading firms in the field of Natural Language Generation (NLG).
Started up in 2007 by Alain Kaeser in 2007 with its basis on research, he started out at the Ecole Nationale Supérieure (ENS) Cachan. YSEOP is a crucial player in Artificial Intelligence (AI) as well as one of the world’s leading NLG specialists, basically working with Fortune 500 companies. After investments in YSEOP made through its unlisted vehicles in the years 2017 and 2018, NextStage AM has decided to continually support for the company’s development by reinvesting through its listed platform NextStage, amounting to €8.3 million.
NextStage AM’s former investments have allowed YSEOP to build the company as well as to scale up rollout of its NLG solution, precisely in the financial and banking services market. The human species has built more data in the previous year than since the beginning of human history, allowing processing and returning useful results all the more essential.
YSEOP has experienced a real acceleration in terms of the utilization of its flagship tool and is currently working with main financial institutions in France and abroad, including Société Générale, BNP Paribas, Crédit Agricole and the financial rating agency Moody’s.