Paris-based Steerlab, an AI platform that automates responses to Requests for Proposals (RFPs) and security questionnaires, announced that it has secured €1.7M in a pre-seed round of funding.
The platform helps PreSales and security teams increase efficiency by automating 80 per cent of their response time, boosting chances of winning more deals.
The round was led by Nordic early-stage investor Dreamcraft VC, with significant contributions from Berlin-based Heartfelt_, Lumière AI Ventures, and over 20 angel investors from the US and Europe, including leaders from AWS, Cloudflare, Databricks, and Datadome.
Steerlab also received investment from Station F, the world’s largest startup hub led by Xavier Niel, after being recognised as one of the top startups in its most competitive programme.
Mathilde Lyet, Investment Manager at Dreamcraft Ventures, says, “Right from the start, we have been impressed by founders Rami Iguerwane and Othmane Hamzaoui and their ambition to solve the critical inefficiencies in responding to tenders, a pain they have experienced first hand.”
“They iterate rapidly based on market feedback, ensuring their AI platform meets customer needs effectively and we are excited to support a team so dedicated to using GenAI technologies to solve a concrete pain point in the B2B Sales process.”
Capital utilisation
With the new funding, Steerlab plans to expand its core team by hiring top engineering talent and scaling its sales operations to focus on acquiring clients among leading tech companies in the US and Europe.
Rami Iguerwane, CEO of Steerlab, says, “We’re glad to have won such renowned investors who back our mission. We’re not just building another AI co-pilot for RFPs, our mission is to rethink the end-to-end response workflow and help our customers focus on what really matters: Winning more deals.”
“This funding will help us execute our vision of making Steerlab the worldwide leader in our space. To achieve this, we are doubling down on the international strategy we have pursued from day one. This is reflected in our customer base, our international investors, and our multicultural team.”
AI for RFPs & security questionnaires
Steerlab uses fine-tuned language models and Multi-Modal agentic AI systems to automate and improve responses to RFPs and security questionnaires. This empowers PreSales teams in B2B software companies to create high-quality proposals efficiently.
The platform eliminates time-consuming tasks, enabling teams to focus on human interactions critical to closing deals.
By automating the entire workflow—from managing content libraries and generating responses to assigning reviewers and providing insights—Steerlab reduces inefficiencies and increases the likelihood of winning more deals.
Founded in 2023, Steerlab is led by founders Rami Iguerwane and Othmane Hamzaoui. The founders, who met through their previous jobs, experienced firsthand the challenges and inefficiencies of responding to RFPs and vendor questionnaires.
With Steerlab, they aim to transform the PreSales landscape by converting outdated manual processes into fully automated, intelligent workflows. Their expertise has secured the trust of tech companies in the US, Canada, France, and Germany.
