Alumni Ventures Backs Solsten to Revolutionize AI-Driven Psychological Insights

Solsten CEO Joe Schaeppi Recently Discussed His Company on AV’s Tech Optimist Podcast

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Alumni Ventures (AV), one of the world’s most active venture capital firms, is a proud investor in Solsten. The company is at the forefront of AI-driven psychological insights, transforming how businesses understand and engage with their customers. AV has made multiple investments in Solsten, most recently a $21.8 million Series B led by Konvoy with participation from Inventure, GFR Fund, Washington Harbour, Sisu Game Ventures, Galaxy Interactive, Dentsu Ventures, and Warburg Serres.

Co-founded in 2018 by CEO Joe Schaeppi and COO Bastian Bergmann, Solsten has developed Navigator, a groundbreaking platform that integrates deep psychological assessment into digital environments, offering companies unprecedented insight into consumer behavior. With the ability to analyze and interpret psychological traits from a massive database, Navigator enables businesses to tailor their products, marketing strategies, and customer interactions with precision.

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Solsten has already made significant inroads in the gaming industry, partnering with top-tier companies like Activision and EA to enhance user experiences and drive growth.

“We’ve spent the last six years perfecting our technology in the gaming space, where we now have the largest psychological database of its kind in the world,” said Schaeppi, who recently discussed his company on AV’s Tech Optimist podcast. “We’re excited to expand our reach beyond gaming and help companies across all industries connect with their customers on a deeper level.”

“We’re excited to help companies across all industries connect with their customers on a deeper level.”
Joe Schaeppi
Co-Founder & CEO, Solsten

The company’s recent progress includes the upcoming launch of the public version of Navigator, a tool that will allow businesses from various sectors to explore and utilize psychological data to refine their marketing, product development, and customer engagement strategies. This tool is expected to disrupt traditional market research methods, providing a more nuanced and accurate understanding of consumer needs and behaviors.

“Joe, Bastian, and the Solsten team have developed a truly unique approach to understanding customers on a deeper level,” said AV Managing Partner Greg Baker, who hosted the conversation with Schaeppi on AV’s Tech Optimist podcast. “The ability to fuse advanced AI with deep psychological understanding will enhance the customer experience and change how businesses connect with their audiences.”

Solsten is the first company measuring human psychology at scale. Solsten’s human insights engine empowers companies to unlock creative and business potential by deeply understanding their customers. Co-founded in 2018 by CEO Joe Schaeppi and COO Bastian Bergmann in Berlin, with its current headquarters in Minneapolis, Solsten has raised $31M to-date from Konvoy, Alumni Ventures, Dentsu Ventures, GFR Fund, Galaxy Interactive, Inventure, Sisu Game Ventures, and Warburg Serres.

About Alumni Ventures

Alumni Ventures offers accredited individuals access to professional-grade venture capital, a key asset class missing from the portfolios of many sophisticated investors. Since 2014, AV has raised $1.3+ billion from 10,000+ investors and backed 1,400+ unique portfolio companies. AV is a top 20 VC firm in North America according to CB Insights and the #1 most active VC firm in the U.S., and #3 most active in the world, according to PitchBook’s 2022 and 2023 rankings. AV has won awards from Inc. Magazine, Fast Company, Benzinga, and the US FinTech Awards. AV funds are private, for-profit, and not affiliated with or sanctioned by any school.

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Alumni Ventures
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Email: [email protected]

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