Expert.ai
ROADMAP TO 2026
4 JULY 2024
Expert.ai introduction
Company overview
- Expert.ai is a leader in the field of artificial intelligence applied to Natural Language Processing (NLP) and Understanding (NLU).
- The company mission is to assist organizations in effectively harnessing the vast pool of available information to expedite business process automation and enhance any activity rooted in information analysis and knowledge management.
- Listed (EXAI.MI) on the Euronext Growth Milan market, since February 2014
- Founded in 1989 in Modena, Italy
- International presence: offices in Italy, USA, Spain, France, UK, Germany, Canada
- Total Revenues of ca. € 32M in 2023 (about € 29,8 M of core revenues)
- Currently more than 300 employees globally
- Customers: large corporations, governments and agencies
Company shareholders
5,02% Stefano Spiaggiari (founder)
5,17% Marco Varone(founder)
7,40% Gum Group Spa
8,13% Ergo Srl
74,28% Free float
Current company structure
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Guardrails for the Adoption Path
Knowledge Models | KM powered prompt engineering |
Knowledge Graphs | LLM Guard Railing truth layer |
Retrieval-Augmented Generation (RAG) | Hallucination Control |
Knowledge | Guard |
Railing |
START AI
Journey
Data | GenAI | Architecture |
Data Sourcing Availability
Data Privacy | Flow Control [Boolean, Sequence, Conditional] | |
Data Collection, Cleaning, | Large Language Models | Work Environment [Low Code - No code] |
Labeling Dataset Generation | Enterprise Language Models | Analytics [Quality control, regression check] |
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Products and solutions developed on Expert.ai platform
- 3 approaches in applications and solutions development
- Domain and enterprise specific applications
- NLP general purpose platform
- Open and scalable platform, LLM agnostic
-
Cost effective and flexible Hybrid AI technology:
o Symbolic AI (explainable, not data dependent, human in the loop)
Clients | Expert.ai | Partners solutions |
applications | solutions | |
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- Machine learning (scalable, optimal for simple use cases and large data)
o LLM (rapid implementation, answers generation, applicable on general knowledge)
The product and the end markets of use
The Group offers solutions based on proprietary artificial intelligence software, which allow natural language processing. The application is consolidated in the banking, insurance and media sectors, which represent key industries generating 2023 Group revenues. But its use is also present in other sectors such as energy and pharma.
Line of Business
Banking & Finance
Insurance
Telecoms
Energy and Utilities
Government & Defense
Publishing & Media
Healthcare & Pharma
Other
Key Offerings | Revenue generation for the Group |
Consulting | Business process analysis | Knowledge discovery | Augmented intelligence | Digitalization & Automation | ||
7 | High revenue generation for the Group | Medium revenue generation for the Group | Low revenue generation for the Group |
AUCAP
A capital increase to sustain growth
The Extraordinary Shareholders Meeting approved a Share Capital Increase of max € 30M, aimed to collecting the financial resources necessary to fulfil the strategic goals defined in the Business Plan 2024
- 2026, as well as at rebalancing the Group's financial structure.
Aucap Goals | 16% |
34% | Sustain day-to-day | |
management | ||
Restructuring | ||
(including | ||
costs | investments in tech | Targeted M&A |
development) and | ||
financial debt |
In addition, the Extraordinary Shareholders Meeting conferred to the Board of Directors a proxy for an additional Share Capital Increase up to € 20M.
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Capital increase timetable
Capital increase to be offered in option to all shareholders, pursuant to Article 2441, paragraph 1, of the Italian Civil Code
Issuer | Expert.ai |
Amount | Up to Euro 29,667,518.10 |
Subscription Price | € 1.10 |
n. Shares to be issued | Up to 26,970,471 new ordinary shares in the ratio |
of no. 9 new ordinary shares for every no. 23 | |
shares of expert.ai held | |
Offering period | 8 July 2024 - 25 July 2024 (both included) |
Negotiation of option rights | 8 July 2024 - 19 July 2024 (both included) |
- Subscription commitment by the shareholder GUM Group S.p.A.* for its entire quota of the capital increase, equal to 7.40% of the share capital, as well as for any shares that will may remain unsubscribed following the Offer, up to a total amount of € 5M. The shareholder GUM Group S.p.A. also expressed its non-binding interest to subscribe any further shares remained eventually unsubscribed by other shareholders, for an additional amount of € 10M.
- Subscription commitments also by Ergo S.r.l. for € 0.9M and by Sofia Holding S.r.l. for € 1.2M (the latter
commitment, non-irrevocable).
18 | *Company controlled by Chairman and CEO, Dario Pardi |
Thank You
Linkedin.com/company/expert-ai Twitter.com/expertdotai
Contacts:
ir@expert.ai
dpardi@expert.ai
fmontorselli@expert.ai
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