AI Startup Taidalos Tides in Risk Analysis, Eyes Supply Chain Act
Taidalos, a young startup founded in 2024, is making waves in the risk analysis sector. The company, inspired by Greek mythology, uses AI to conduct integrity checks and is well-positioned to meet the upcoming Supply Chain Act in 2028.
Taidalos was established on September 13, 2024, by Julius Moeller and Tim Backhaus, who brought their experience from AML RightSource and Arachnys. The startup specialises in creating risk analyses using AI, catering primarily to banks and companies in Germany, Austria, and Switzerland.
The company's AI is uniquely capable of understanding over 50 languages and conducting research worldwide. Unlike competitors like ChatGPT, Taidalos can deliver results in the desired language. It also sets itself apart by avoiding social media posts and distinguishing between satirical pages and real news media in its research.
Taidalos generates revenue through regular large-scale audits, offering flexible pricing in US dollars or euros. It has partnerships with companies such as Validato and Legalian for integrity checks and anti-money laundering services. With customers from around 100 countries, including individuals checking negative reports for U.S. entry, Taidalos offers the first ten checks for free.
Taidalos is strategically positioned to capitalise on the upcoming Supply Chain Act in 2028. The company aims to acquire large customers to reach the profit zone and is exploring product expansion, such as supply chain auditing. Its innovative use of AI and commitment to thorough research make it a compelling player in the risk analysis sector.
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