The startup, Smartcat, just raised $43 million in Series C funding led by New York-based VC firm Left Lane Capital with Lead Edge Capital also participating.
Smartcat previously raised a $4.5 million seed round in 2017, a $7 million Series A in 2018, and a $15 million Series B in 2020, according to PitchBook data.
VC investment in AI startups is continuing to go gangbusters, topping out at a whopping $24 billion in the second quarter of 2024 — the biggest quarter for AI funding in recent years, according to Crunchbase.
AdvertisementWhile some consumer and healthcare AI startups have raised eye-popping rounds, the tech is creating plenty of opportunities in the B2B space.
Check out the six-slide presentation Smartcat used to raise $43 million in Series C funding.
Persons:
—, Smartcat, Ivan Smolnikov, Smolnikov
Organizations:
Service, Left Lane, Lead Edge Capital, Marbruck Investments, Chrome, Business
Locations:
New York, Koro, Smartcat