Dublin-based Assiduous Corp Ltd has raised €1 million in funding to bring an innovative AI-powered financial software solution to market, aiming to transform how SMEs engage with corporate finance.
A fresh wave of digital innovation is sweeping through Ireland’s start-up scene, and leading that charge is Assiduous Corp Ltd—a company founded by ex-investment bankers Fergal Meegan and Barry Murphy. The duo is set to unveil their flagship product, Corporate Finance Autopilot™, a pioneering AI-enabled virtual advisory tool.
Positioned as a Software-as-a-Service (SaaS) offering, the Corporate Finance Autopilot™ is designed to “bridge the gap between business owners and capital markets,” according to the firm.
“The Corporate Finance Autopilot™ supports small and medium-sized companies preparing for strategic, financing, and liquidity transactions with a whole-of-lifecycle approach,” the company explained.
This ground-breaking platform is tailored specifically for SMEs, helping them navigate the often complex world of strategic planning, funding, and liquidity events.
Headquartered in NovaUCD, Dublin’s hub for innovation, Assiduous raised €1m in a private funding round, bolstered by Enterprise Ireland’s High-Potential Start-Up (HPSU) programme.
“Assiduous secured the funding to bring its AI native solution to market and to execute on its product development roadmap through 2025 and 2026,” an Enterprise Ireland spokesperson said.
The newly acquired capital will also support the expansion of the company’s technical workforce. Their goal? To tap into the latest in agentic AI technology and onboard engineering talent passionate about applying AI in high-value, real-world scenarios.
Speaking on the company’s mission, CEO Fergal Meegan shared his views on the untapped potential of AI in the professional services sector.
“Businesses are at a pivotal moment in the application of technology to the provision of professional services,” Mr Meegan said. “We are only scratching the surface with the value that can be created for business owners from leveraging AI to do more with less.”
He added that the company is dedicated to embedding corporate advisory expertise into its application layer, unlocking the power of AI foundation models for a broader base of SME owners looking to execute major corporate decisions.
Conor O’Donovan, Head of Start-ups at Enterprise Ireland, praised the company’s foresight and relevance to national strategy.
“Assiduous is an excellent example of a forward-thinking Irish start-up that is using cutting-edge technology to address a massive unmet market need.”
“The company’s growth plans align with Enterprise Ireland’s new five-year strategy Delivering for Ireland, Leading Globally, with a key objective to support and enable SMEs to engage with the start-up ecosystem, to execute financing and strategic transactions and to grow the next generation of Irish multinational corporations,” he added.
Assiduous Corp’s €1 million investment marks more than just a funding milestone—it’s a signal that AI-driven innovation in corporate finance is gaining serious traction.
With the support of Enterprise Ireland and a clear roadmap, the company is positioning itself at the forefront of AI in financial services for SMEs. As technology reshapes the advisory landscape, Assiduous appears ready to lead the charge, helping smaller businesses think bigger.
