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☆ Exclusive: Prompt Security raises $18 million to help companies better secure generative AI tools like ChatGPT
▼ + stars: | 2024-11-20 | by ( Leena Rao | ) www.businessinsider.com time to read: +2 min

Founded in 2023, Prompt Security helps businesses close security gaps associated with AI usage. Later, he focused on building security software at Checkpoint and Orka Security. His latest venture, Prompt Security, is helping companies manage the cybersecurity risks associated with generative AI tools like OpenAI's ChatGPT or Google's Gemini. Related VideoAlmost 30% of companies deploying AI had an AI security breach in 2023, according to a Gartner survey. Golan explains that as employees use generative AI tools like chatbots, new threats emerge with data, intellectual property, and more.

Persons: Itamar Golan, Golan Organizations: Security, Israel Defense Forces, Orka, Business, Jump Capital, Hetz Ventures, Ridge Ventures, Gartner, Fortune, The New York Times, Palo Alto Networks Locations: cybersecurity

☆ Before politics, JD Vance had a career in venture capital. Here are the startups he's invested in.
▼ + stars: | 2024-11-16 | by ( Madeline Berg | Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

JD Vance is a man of many careers: attorney, author, senator, vice president-elect, and, perhaps less well-known, venture capitalist. For about six years between graduating from law school and becoming a United States senator from Ohio, Vance held various positions in the space before eventually starting his own fund, Narya Capital. Vance co-founded Narya Capital in 2019After two years, Vance broke out on his own, cofounding Narya Capital in 2019 with investments from Thiel, former Google CEO Eric Schmidt, and VC veteran Marc Andreessen. According to his vice president and senate disclosure forms, he has a stake in Narya Capital Fund I, Narya Capital Fund II, and Rise of the Rest Seed Fund. AdvertisementHis stake in Narya Capital Fund I is worth between $500,001 and $1 million.

Persons: JD Vance, Vance, doesn't, Peter Thiel's, Steve Case's, Boston —, Thiel, Eric Schmidt, Marc Andreessen, Narya, Vivek Ramaswamy's, Nayra, Luke Schroeder Organizations: United, Narya, Mithril, Narya Capital, cofounding, II, Narya's Capital, US Space Force Locations: United States, Ohio, New York, Silicon Valley, Boston, Narya, ValueBase, PitchBook

☆ The top 10 family offices for startup investments
▼ + stars: | 2024-11-15 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

The top 10 family offices for startup investments made over 150 investments combined this year, in everything from biotech and energy to crypto and artificial intelligence, according to a new analysis. CNBC partnered with Fintrx, the private wealth intelligence platform, to analyze single family offices that made the largest number of investments in private startups in 2024. The most active family office so far this year is Maelstrom, the Hong Kong-based family office of American investor Arthur Hayes, who co-founded the crypto exchange BitMEX. For the sake of the list, family offices are defined as investment vehicles or holding companies of a single family or individual that don't manage money for outside investors. Nearly a third of startup capital in 2022 came from family offices, according to a PWC report.

Persons: Guillaume Houze, Pascal Le Segretain, Robert Frank, Bernard Arnault's, Laurene Powell Jobs, Peter Thiel's Thiel, Arthur Hayes, Guillaume Houzé, Motier, Andreesen Horowitz, Eric Schmidt, Magnus Carlsen, Fertility Organizations: Royal, Getty, CNBC, Fintrx, Ventures, Labs, Motier Ventures, Google, Flex, Mistral, Nvidia, Lightspeed, Atinum Investment, Emerson Collective . Thiel Capital Locations: Paris, France, Hong Kong, Lafayette, Seoul, Korea, Singapore

☆ Deckmatch uses AI to find and streamline deals for investors. Check out the 13-slide deck it used to raise $3.1 million.
▼ + stars: | 2024-11-11 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

Deckmatch has secured $3.1 million in seed funding from Alliance VC and Luminar Ventures. BI got an exclusive look at the 13-slide pitch deck the startup used to secure the funding. AdvertisementA startup that helps private market investors automate their work has secured $3.1 million in seed funding. AdvertisementDeckmatch said its $3.1 million seed round was oversubscribed. With the fresh funding, Deckmatch plans to double down on its research and development efforts.

Persons: Deckmatch, —, Leopold Gasteen, Gasteen, Walid Mustapha Organizations: Alliance, Luminar Ventures, BI, Service, Google, Business, Skyfall Ventures Locations: Norway, VCs

☆ Jeff Bezos just made his latest bet in the AI robotics space. Here are the 6 startups he's backed so far.
▼ + stars: | 2024-11-05 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +4 min

BI has compiled a list of which AI robotics startups Bezos has backed so far, per PitchBook. Physical Intelligence is at least the third spatial intelligence startup Bezos has backed this year, according to PitchBook. Related storiesFigure AIFigure AI builds AI robots that can take over unsafe jobs from humans. Bezos invested in an undisclosed funding round in 2021, while Bezos Expeditions invested in its $24 million Series A funding round in 2020. Bezos Expeditions invested in the startup's $30 million Series E in 2017, $40 million Series D in 2015, $30 million Series C in 2012, $20 million Series B in 2010, $7 million Series A1 in 2009, and $5 million Series A in 2008.

Persons: Jeff Bezos, —, Andreessen Horowitz, Bezos, OpenAI Organizations: Service, Khosla Ventures, Intelligence, The New York Times, Bezos Expeditions, New York Times, Sentinel, HAHN Group

☆ How Women Are Building Community to Succeed in the AI Space.
▼ + stars: | 2024-11-05 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +8 min

But others building startups report facing various gender-related obstacles to success, including bias in the fundraising process, limited mentorship opportunities, and difficulty building meaningful business relationships with men. And recent data from the UK shows that only about 4% of AI startups in the country have women founders. Developing relationships with other women working in the AI space has become a vital lifeline, she said. There were plenty of women interested in building AI companies, she said. AdvertisementThis observation was the catalyst for the Female Founder Circles, a community for women engineers interested in building AI startups.

Persons: Saumya Bhatnagar, Bhatnagar isn't, Fei Fei Li, Daniela Amodei, Mira Murati, it's, Bhatnagar, she's, I'm, Vivien Ho, Ho, they're, Forbes, Rejpal, Rajpal, Stephanie Guo, Guo Organizations: Deloitte, Bay Area, FFC, Pear, Zetta Venture Partners, Bloomberg Beta, GitHub, Sapphire Ventures Locations: Bay, San Francisco

☆ Prince William defends his ambitious plan to tackle homelessness in UK
▼ + stars: | 2024-11-01 | by ( Billy Stockwell | ) edition.cnn.com time to read: +4 min

Editor’s Note: This is a version of CNN’s Royal News, a weekly dispatch bringing you the inside track on Britain’s royal family. On the UK radio station LBC, he was dubbed the “prince of homelessness” by host James O’Brien. Like many UK cities, Newport has seen street homelessness almost double over the past three years, according to the documentary. “That’s one of the great things about the prince, he has real convening power. The two-part documentary will be available to stream globally on Disney+ from Friday, and viewers in the UK can catch up on ITVX.

Persons: CNN — Prince William, “, King, Prince, Wales, ”, William, James O’Brien, I’m, Sabrina Cohen, Hatton, ” Cohen, Cohen, Mick Clarke, “ He’s Organizations: CNN’s Royal, CNN, prince’s Royal Foundation, ITV, LBC, West Sussex Fire, Rescue Service, Disney Locations: United Kingdom, Newport, Wales, England, London, Duchy, Cornwall

☆ Endeavor is using AI to modernize manufacturing. Check out the 9-slide deck it used to raise a $7 million seed round.
▼ + stars: | 2024-10-31 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Endeavor has secured $7 million to modernize manufacturing with AI technology. San Francisco-based Endeavor, launched by 22-year-old Sahitya Senapathy, is developing an AI platform to help modernize manufacturing firms. Endeavor aims to automate many of the manual tasks in the industry, which otherwise consume a lot of time. AdvertisementThe startup uses large language models to automate administrative manufacturing processes, such as purchase orders, invoices, and shipping notices. Check out the 9-slide pitch deck it used to secure the fresh funds.

Persons: —, Senapathy, they're Organizations: Endeavor, BI, Service, San, Business, Craft Ventures, Endeavor's, Heartland Ventures, Web Locations: San Francisco

☆ Evertune is building marketing analytics tools for LLMs. Check out the pitch deck it used to launch from stealth with $4 million in seed funding from Eniac.
▼ + stars: | 2024-10-30 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +4 min

The startup offers marketing analytics tools to help brands boost their SEO on LLMs like ChatGPT. Check out the 17-slide pitch deck Evertune used to raise its $4 million seed funding round. The startup, Evertune, launched from stealth today with $4 million in seed funding, it confirmed exclusively to Business Insider. AdvertisementAt Evertune, Stempeck said that he and his co-founders, Ed Chater and Poul Costinsky, are focusing on being the leader in intersection between advertising and AI. Check out the 17-slide pitch deck Evertune used to raise its $4 million seed funding round.

Persons: Evertune, Roger Ehrenberg, —, OpenAI's ChatGPT, Google's, Anthropic's Claude, Brian Stempeck, Evertune's, Stempeck —, LLMs, Stempeck, Ed Chater, Poul Costinsky Organizations: Eniac Ventures, Nextview, Service, Business, New York VC, NextView Ventures, Aperiam Ventures

☆ Data startup Matia just emerged from stealth with a $10.5 million seed round — check out its 11-slide pitch deck
▼ + stars: | 2024-10-29 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Miami-based data operations startup Matia has secured $10.5 million in seed funding. BI got an exclusive look at the 11-slide pitch deck Matia used to secure the fresh funding. AdvertisementMiami-based data management startup Matia has just come out of stealth with $10.5 million in seed funding. The startup's pitch deck, shared exclusively with BI, states that it has four early customers and 10 companies who are showing "strong interest." Check out the 11-slide pitch deck used to secure the fresh funding.

Persons: —, Benjamin Segal, Segal, Matia, Benjamin, Geva Organizations: BI, Service, Leaders Fund, Cerca Partners, Caffeinated Locations: Miami

☆ What These Founders Learned From Trying to Take on Elon Musk's Twitter
▼ + stars: | 2024-10-28 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +9 min

About three weeks after Elon Musk bought Twitter in October 2022, #RIPTwitter started trending. As the bird app's outlook grew more bleak, several alternative conversation platforms hatched: Narwhal, Spoutible, Spill, Post, and Cohost among them. I talked to several founders about what they learned trying to compete with Musk, and the state of civil discussion online. "There's a ton of power in whoever controls" a big social media platform, Thompson says. Spill, a Black-owned social platform, has been downloaded more than half a million times.

Persons: Elon Musk, RIPTwitter, shitposting, Gabor Cselle, Cselle, Meta, Jack Dorsey, Twitter, Musk, Twitters, he's, imminently, Fortune, Noam Bardin, Andreessen Horowitz, Bardin, Laurene Powell Jobs, Nicholas Thompson, Thompson, Narwhal, Trump, Hitler, Alphonzo Terrell, Kerry Washington, Terrell, there's, Joe Biden, Kamala Harris, Harris, I've, I'm Organizations: Elon, Google, Twitter, Anti Software Software, Politico, Boston Globe, The, Amplica Labs, Democratic, Spill, Phillies

☆ Exclusive: The cofounder of GroupMe and Splice is taking on the $180 billion supplement industry with new startup SuppCo
▼ + stars: | 2024-10-17 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +7 min

Steve Martocci, cofounder of GroupMe, Blade, and Splice, is back with a new consumer health app. His startup, SuppCo, helps people find trusted supplements and track their health progress. The startup, called SuppCo, just raised a $5.5 million seed round co-led by Union Square Ventures and True Ventures, and including BoxGroup and Compound. SuppCoBuilding consumer trustMartocci first started taking supplements after GroupMe sold to Skype, when he was struggling with his health and weight. He clarified that SuppCo will never sell its users' data, and won't rely on ad revenue or notch partnerships with supplement companies.

Persons: Steve Martocci, —, Martocci, he's, Martocci's, she'd, Nick Michlewicz, Bryan Johnson, Joe, Adam D'Augelli, GroupMe, SuppCo's, Michlewicz, SuppCo, Nick Michlewicz's, what's, Andy Weissman Organizations: Union Square Ventures, True Ventures, Service, East, TechCrunch, Skype, Square Ventures, Ventures, Food and Drug Administration Locations: New York

☆ Making HERstory: How WNBA owner Clara Wu Tsai turned a team ‘no one wanted’ into New York’s next big franchise
▼ + stars: | 2024-10-07 | by ( Carolyn Manno | ) edition.cnn.com time to read: +10 min

Now, back in the Finals, winning the team’s first title would cap off a stretch of unprecedented growth for majority team owner, Clara Wu Tsai. Wu Tsai and her husband, Joe Tsai, bought the team in 2019 for an undisclosed amount after the franchise’s previous owner, James Dolan, put the team up for sale in 2017. Wu Tsai says without investors in the market, she jumped at a chance nobody else wanted. I definitely feel like we have the most inclusive fan base in all of professional sports today,” Wu Tsai told CNN last month. We have an exhibition that’s open to the students, their parents, their teachers, and the community,” Wu Tsai said.

Persons: Clara Wu Tsai, Wu Tsai, Joe Tsai, James Dolan, Dolan, “, ” Wu Tsai, Picasso, ”, Brianna Stewart, Breanna Stewart, Turkey Clara Wu, I’ve, Ellie, “ There’s, “ Caitlin Clark, Angel Reese, Kamilla Cardoso, Cameron Brink, Caitlin, it’s, Covid, “ We’ve, Jean Michel Basquiat Organizations: New, New York CNN, New York Liberty, Barclays Center, ” New York Liberty, Liberty, CNN, Alliance, BK, XL, Cornell University, Yale University, Brooklyn, Department of Education, Barclay Center, WNBA Locations: New York, New York City, Turkey, ”, Brooklyn, United States, Liberty

☆ Reducto's AI tool turns PDFs and spreadsheets into data LLMs can use. We got an exclusive look at the pitch deck that landed the startup $8.4 million in seed funding.
▼ + stars: | 2024-10-02 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +3 min

Reducto raised $8.4 million in seed funding to develop AI for reading complex documents. AdvertisementLarge language models struggle to parse data in PDFs and spreadsheets, and one startup just raised a supersized seed funding round to build tech that can read these documents the way humans do. Reducto, which was founded in 2023 and a member of Y Combinator's winter 2024 batch, is announcing it raised $8.4 million in a seed funding round led by First Round Capital. One, Humata AI, raised $3.5 million from Google's Gradient Ventures a year ago, while OpenAI's ChatGPT Store showcases multiple AI PDF developers. AdvertisementCheck out the 13-slide pitch deck Reducto used to raise $8.4 million in seed funding.

Persons: Reducto, —, Y, Liquid2, Arash Ferdowsi, Andrew Ofstad, Kulveer Taggar, Zeus, JJ Fliegelman, Richard Aberman, Ralph Goottee, Tracy Young, Adit Abraham Organizations: Service, First Round, Big Tech

☆ Meet the ex-Goldman wealth advisor who quit to solve Britain’s £567 billion gender investment gap
▼ + stars: | 2024-09-25 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +3 min

Ayesha Ofori is a former Goldman Sachs wealth advisor who quit her high-profile job to resolve Britain's gender wealth gap, after realizing she had spent her career making rich men even richer. Ofori is the 40-year-old founder and CEO of female-focused financial investment platform, Propelle, which launched on Wednesday. Britain's gender investment gap currently stands at £567 billion — an increase of £54 billion between January 2023 and January 2024 — according to data from British financial research company Boring Money which surveyed over 6,000 adults in the U.K. It found that men have £1.01 trillion invested compared with £450 billion for women. The gender pensions gap refers to the differences in retirement income or retirement wealth between men and women.

Persons: Ayesha Ofori, Goldman Sachs, Propelle, Ofori, Stefan Bollinger, Julius Baer, Lucy Demery, Goldman, wasn't, I'd, isn't Organizations: Goldman, Vanguard, Blackrock, HSBC, Google, CNBC, Barclays, Ofori Locations: Prospect, British

☆ StackGen uses AI to auto-generate infrastructure from code. Check out the pitch deck the startup used to land a $12.3 million supersized seed round.
▼ + stars: | 2024-09-24 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +1 min

StackGen raised $12.3 million in seed funding led by Thomvest Ventures. The startup uses AI to auto-generate infrastructure from code, boosting developer efficiency. Generative AI is transforming software engineering, with many startups securing large seed rounds. AdvertisementGenerative AI is giving software engineering a massive boost, and one startup just raised a supersized seed round for its tech that uses code to create generative infrastructure. The startup, formerly known as appCD, rebranded to StackGen and raised a $12.3 million seed funding round led by Thomvest Ventures.

Persons: StackGen, — Organizations: Thomvest Ventures, Service, StackGen, FireBolt Ventures, WestWave, Business

☆ Meet the Latin American e-commerce platform that's outperforming Amazon this year
▼ + stars: | 2024-09-24 | by ( Kate Rooney | ) www.cnbc.com time to read: +4 min

One of the world's largest e-commerce companies is emerging as a top pick on Wall Street as investors look for tech opportunities beyond the Magnificent Seven. "There was no venture capital for Latin America. Last year, venture-backed companies in Latin America raised $3.3 billion across nearly 1,000 deals, according to PitchBook. E-commerce and online payments are steadily growing, and Latin America has a young, mobile-savvy population of more than 600 million people. "When you look at the penetration of e-commerce in Latin America, it's still quite low compared to the U.S., Europe or Asia," Galperin told CNBC.

Persons: Marcos Gaplerin, Brad Gerstner, Gerstner, CNBC's Scott Wapner, Goldman Sachs, It's, Buenos Aires Galperin, Galperin, MercadoLibre, We've, it's Organizations: Nasdaq, Wall Street, Stanford Graduate School of Business, CNBC, Stanford, eBay Locations: Delaware, Brazil, Argentina, Mexico, Chile, South America, Mercado Pago, Buenos Aires, Palo Alto , California, California, America, Silicon Valley, New York, Sand, West, Latin America, U.S, Europe, Asia

☆ Read the pitch deck that personal-shopping startup The Floorr used to raise $1.7 million in funding
▼ + stars: | 2024-09-21 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

Many have personal shoppers, people whose job it is to pull the best purses to take to brunch or jackets to wear on vacation in the Hamptons. "You think about how much power they have" — top personal shoppers can sell up to $5 million a year — "but they have no tools," she said. Not only does this segmentation create a mess for clients, it meant that personal shoppers could lose out on commissions. Along the way, the app collects data — helping personal shoppers and retailers know which products are performing better and the trends that are emerging. The Floorr shared the 12-page pitch deck it used to raise its $1.65 million round.

Persons: —, Lupe Puerta, Porter, Puerta, Bergdorf Goodman, Shopbop, Chloé, Carmen Busquets, Nigora Tokhtabayeva, they've Organizations: Service, Business, Bain, Hamptons, Prada

☆ The hottest AI startups are raising back-to-back funding rounds. Suddenly, it's feeling very 2021 in Silicon Valley for a chosen few.
▼ + stars: | 2024-09-20 | by ( Ben Bergman | Melia Russell | ) www.businessinsider.com time to read: +11 min

Read previewIn February, Glean announced a $200 million funding round valuing the AI enterprise software startup at $2.2 billion. AdvertisementThe transaction is the latest in a string of dizzying back-to-back funding rounds at ever-higher valuations for a handful of AI startups that stand in stark contrast to the doldrums of the overall market for startups. Earlier this year, Sakana raised $30 million in a seed funding round led by Lux Capital. Slingshot AI, which has built an automated mental health counselor, also raised separate rounds of funding just months apart. Advertisement"VCs are increasingly faced with frequent requests from their hot AI companies to follow on or double down on investments," said Iris Sun, an investor at 500 Global.

Persons: —, Glean, Arvind Jain's inbox, Jain, Steve Brotman, Perplexity, SoftBank, Sakana, Gregg Hill, that's, Matt Murphy, Dario Amodei, Kimberly White, Murphy, I'd, I've, Jenny Chang, Rodriguez, Jai Das, Rajeev Dham, couldn't, Das, Sapphire, Uber, Iris Sun, Chandrasekar Organizations: Service, Business, DST Global, Alpha Partners, Bloomberg, Google, New Enterprise Associates, Khosla Ventures, Lux Capital, Parkway Venture Capital, Menlo Ventures, Getty, Sapphire Ventures, Investments Locations: Tokyo

☆ QMill, a Finnish quantum computing startup, just raised $4.5 million in seed funding with this pitch deck
▼ + stars: | 2024-09-17 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

QMill, a Finnish quantum computing startup, raised $4.5 million in seed funding. The startup was founded by Nokia Technologies' former CTO and a quantum computing professor. AdvertisementQMill, a newly launched quantum computing startup, has raised $4.5 million in seed funding. Based in Espoo, Finland, QMill was founded by a team that includes Nokia Technologies' former CTO, Hannu Kauppinen, and a quantum computing professor, Mikko Möttönen. Quantum computing has advanced significantly in recent years, but there are challenges slowing widespread adoption.

Persons: QMill, —, Hannu Kauppinen, Mikko Möttönen Organizations: Nokia Technologies, Service, Business Locations: Espoo, Finland

☆ Cavela is using AI to automate manufacturing and e-commerce. Here's how the startup raised $2 million without using a pitch deck.
▼ + stars: | 2024-09-12 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +4 min

The startup, Cavela, launched from stealth today with $2 million in seed funding, Business Insider has learned. This story is available exclusively to Business Insider subscribers. The process becomes even more time-consuming as companies speak with multiple suppliers in order to find the best partner to complete a specific project. Sardain's family works in manufacturing, and he grew up living in multiple manufacturing hubs across Asia and Latin America, including Malaysia, Hong Kong, Thailand, Singapore, and Mexico. For Cavela, the startup closed its $2 million seed round without using a traditional pitch deck.

Persons: —, Anthony Sardain, Sardain, we've Organizations: Service, Business, XYZ Ventures, Ventures, Go Global Ventures, Tierra, Google, Bright Machines Locations: Asia, Latin America, Malaysia, Hong Kong, Thailand, Singapore, Mexico, America, San Francisco, Fransisco

☆ This government-backed startup is growing blood to help fight shortages
▼ + stars: | 2024-09-11 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Last month, the American Red Cross declared an emergency blood shortage after its national supply fell by more than 25% in July. Shortages can be dire for patients since doctors have to make tough decisions about who needs blood transfusions the most. McConnell is CEO of a four-year-old startup called Safi Biotherapeutics, which is working to manufacture inexpensive red blood cells at scale. Scientists have already discovered how to grow red blood cells from stem cells, but it's a costly and complex process that typically yields small amounts at a time. Safi's goal is to build on these advancements and produce large quantities of blood that could eventually be used commercially to help care for patients and avoid blood shortages.

Persons: Doug McConnell, McConnell, Safi Organizations: Red Cross, Cross, U.S, Safi, CNBC, U.S . Department of Defense, J2 Ventures, U.S . Food, Drug Administration, FDA Locations: U.S

☆ Cashmere, a tech startup helping wealth managers find clients, just raised $3.6 million using this 12-slide pitch deck
▼ + stars: | 2024-09-10 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

Cashmere has raised $3.6 million in seed funding to automate client acquisition for wealth managers. The Los Angeles-based startup addresses the lack of tech solutions in the wealth management industry. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementCashmere, a tech startup that's automating client acquisition for wealth managers, has raised $3.6 million in a seed funding round. This story is available exclusively to Business Insider subscribers.

Persons: Cashmere, — Organizations: Canapi Ventures, Service, Business Locations: Los Angeles

☆ Zive wants to make company data more accessible — here's the pitch deck it used to raise $3.2 million
▼ + stars: | 2024-09-03 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

Zive has raised $3.2 million in pre-seed funding to untangle companies' unstructured data. Founded by the team behind Haiilo, Zive uses generative AI to improve data accessibility. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementZive, a new startup aiming to untangle companies' data, has raised $3.2 million in pre-seed funding. Now, with Zive, the team wants to use generative AI to make the large amounts of unstructured data companies hold more accessible.

Persons: Zive, Haiilo, — Organizations: Service, Equity Partners, Business

☆ Skyfire lets your AI agent spend your money. We got an exclusive look at the pitch deck the startup used to raise $8.5 million.
▼ + stars: | 2024-08-26 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +1 min

Skyfire Systems just launched out of stealth and raised $8.5 million in seed funding. The startup lets AI agents make autonomous purchases on behalf of their users. Check out an exclusive look at the pitch deck the startup used to raise its seed funding round. A new startup is now tackling the next frontier in the space: using AI to make purchases on a user's behalf. The startup, Skyfire Systems, just emerged from stealth with $8.5 million in seed funding from financial firms Neuberger Berman, DRW, and Brevan Howard Digital.

Persons: —, Neuberger Berman, DRW, Brevan Howard, Draper, Ripple Organizations: Skyfire Systems, Service, Arrington Capital, RedBeard Ventures, Crossbeam Venture Partners, Inception, Draper Associates, ARCA, Business Locations: Silicon Valley, EveryRealm

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