Prague-based DecisionRules, a cloud platform that enables businesses to automate decision-making without IT support, has raised €1.6 million in funding, Vestbee was told. The round was led by Lighthouse Ventures, with participation from Czech Founders VC and BD Partners.
- Founded in 2023 by Václav Kandrnal and Petr Lev, DecisionRules is a cloud-native SaaS platform that enables businesses to automate decision-making without relying on IT teams.
- Designed for industries like finance, insurance, e-commerce, logistics, and healthcare, it is user-friendly and accessible to non-technical users.
- The platform lets users create, edit, and deploy rules in real time through tools such as decision tables, trees, scripting, and rule flows, making complex logic easy to manage without coding.
- It also features a visual workflow engine for building advanced decision processes, supporting conditional branching, version control, collaboration, and real-time testing.
- With headquarters in Prague and a US office in Wilmington, Delaware, DecisionRules is trusted by leading enterprises such as Accenture, Boohoo, WizzAir, and Wolford.
Details of the deal
- The investment was led by Lighthouse Ventures, a Prague-based early-stage and acceleration venture capital firm.
"The DecisionRules team have been building in this space for years before founding the startup. With the right mix of expertise and ambition, they’re poised to, not only scale the product in the BRMS market, but also shape the future of Decision Intelligence and Intelligent Automation," explains Michal Zálešák, Managing Partner at LightHouse Ventures.
- The round also saw participation from Czech Founders VC, BD Partners, Chilli Ventures, and Czech angel investors Ory Weihs and Michael Rostock-Poplar.
- DecisionRules will use the funding to expand its sales and marketing efforts in the US and UK, while also developing AI-powered features and new vertical-specific capabilities to support international growth, including into Latin America.
"This funding allows us to scale our sales and marketing globally, with a focus on the US and UK, where adoption is already strong. Our new, energising investor lineup is the perfect fit for this, and aligns with our vision, opening powerful new doors for expansion," claims Václav Kandrnal, CEO and co-founder of DecisionRules.
