Category: angel investors

Boxbot, an Alameda, CA-based developer of a parcel logistics automation platform designed to solve core operational challenges throughout parcel delivery networks. The company’s platform incorporates the use of robotics and automated systems to address the last-mile issues in logistics with the help of an automated buffering storage and retrieval system, enabling businesses and individuals to optimize the experiences of suppliers and consumers.

Boxbot was funded $12 million led by Playground Global. Maersk Growth, Toyota Ventures, Pear Ventures, and other strategic angel investors of Artiman Ventures also participated. Playground Global Venture Partner Richard Peretz, former CFO at UPS. This significant infusion of capital is poised to propel the company to new heights as it seeks to transform the parcel storage industry with innovative, cost-effective robotic technology.

Boxbot’s mission is to simplify and enhance the way packages are stored, sorted, and delivered in a world driven by e-commerce and rapid delivery demands. Their approach combines advanced robotics, artificial intelligence, and sustainability to provide efficient, affordable, and eco-friendly solutions for businesses and consumers alike.

The recent investment round, led by prominent venture capital firms and strategic investors, will enable Boxbot to accelerate the development and deployment of its robotic parcel storage systems. This funding will support Boxbot’s ongoing efforts to streamline package management for e-commerce companies, retailers, and logistics providers.

The parcel storage and logistics industry is undergoing a transformation due to the increasing demand for speedy, efficient, and cost-effective solutions. With the growth of e-commerce and same-day delivery expectations, companies are actively seeking ways to optimize their supply chains and distribution networks.

Boxbot’s innovative approach to parcel storage has the potential to disrupt the industry by providing an affordable alternative to traditional methods. By reducing the need for extensive manual labor and offering scalable solutions, Boxbot is well-positioned to address the evolving needs of businesses operating in the digital age.

As e-commerce continues to thrive and logistics networks evolve, Boxbot’s innovative approach to parcel storage could prove to be a game-changer, ultimately benefiting businesses and consumers through faster, greener, and more affordable delivery solutions. Keep an eye on Boxbot as it aims to reshape the future of parcel storage with its pioneering robotics technology.

By: K. Tagura

Author statement:

Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

Mujin, a Tokyo, Japan- and Atlanta, GA-based. Developer of industrial robots designed to simplify factory automation and increase worldwide manufacturing productivity. The company’s platform aids most robots in the market, can optimize offline motions for complex robot constraints, and fully integrates into complex real-time systems with machine vision and programmable logic controllers, enabling businesses to automate heavy and simple work done by humans at the logistics and manufacturing sectors.

Mujin was funded $85 million led by SBI Investment Co., Ltd. in Japan, along with Pegasus Tech Ventures, 7-Industries from the Netherlands, corporate investor Accenture, and angel investor Dr. James Kuffner. The funding secured by Mujin will be used to accelerate the development of their intelligent robotic control systems and expand their global reach. By making these technologies more accessible and user-friendly, the company hopes to empower businesses to automate tasks that were previously considered too challenging or costly.

Mujin has long been at the forefront of robotics innovation, specializing in the development of intelligent robotic control systems. These systems are designed to simplify and enhance the deployment of robots in industries ranging from logistics and manufacturing to e-commerce and beyond. By leveraging cutting-edge technologies such as computer vision, artificial intelligence, and machine learning, Mujin enables robots to adapt to dynamic environments and perform tasks with precision and efficiency.

Traditionally, integrating robots into existing workflows has been a complex and expensive endeavor, often requiring extensive programming and customization. Mujin’s technology aims to change this paradigm by providing user-friendly interfaces and plug-and-play solutions that make automation more approachable for businesses of all sizes.

Mujin’s success story also sheds light on the broader trends in the robotics and automation industry. As labor shortages and supply chain disruptions continue to affect various sectors, the demand for automation solutions is on the rise. With its vision of democratizing robotics, Mujin is well-positioned to play a pivotal role in shaping the future of automation, helping businesses thrive in an increasingly competitive and unpredictable world.

As the fourth industrial revolution gains momentum, Mujin’s commitment to enhancing the accessibility of intelligent robotic automation is a promising sign of the transformative potential of technology. Mujin is poised to lead the charge towards a future where robots work seamlessly alongside humans, revolutionizing industries and creating new opportunities for innovation and growth.

By: K. Tagura

Author statement:

Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

Atomicwork, a San Francisco, CA-based and developer of technology tools designed for customers, employees, partners, and the entire workforce experience community. The company’s tool offers benefits such as an employee service concierge to find answers, raise requests and get approvals quickly, invisible tools and processes, seamless interactions and workflows, networked information for everyone, and more, thereby helping to connect the gaps between employees, operations teams, and all the tools used at the workplace.

Atomicwork was funded $11 million, led by Blume Ventures and Matrix Partners with participation from Storm Ventures, Neon Fund, and angel investors. The investment will be used to scale operations, hire additional talent, and invest in research and development to stay at the forefront of AI-driven workforce management solutions. Atomicwork’s commitment to improving the relationship between companies and their employees through innovative AI technology positions it as a leader in the evolving field of HR tech.

Atomicwork’s platform leverages artificial intelligence to bridge the gap between employees and their respective companies, offering a comprehensive suite of tools designed to improve communication, productivity, and overall job satisfaction.

The Core Features of Atomicwork’s Platform Include:

AI-Powered Communication: Atomicwork utilizes AI algorithms to enhance communication between workers and their companies. This includes personalized messaging, chatbots, and automated notifications to keep employees informed and engaged.

Task Management: The platform streamlines task allocation and tracking, making it easier for both management and employees to monitor progress and ensure deadlines are met.

Performance Analytics: Atomicwork provides data-driven insights into employee performance, allowing companies to make informed decisions about promotions, training, and resource allocation.

Employee Feedback: The platform encourages employees to provide feedback and suggestions anonymously, fostering a culture of openness and continuous improvement within organizations.

Skills Development: Atomicwork offers personalized training recommendations and resources to help workers upskill and advance their careers within their current companies.

The additional funding will enable Atomicwork to enhance its AI algorithms, develop new features, and expand its customer base. The company has already seen significant traction in industries ranging from manufacturing to tech, where the demand for streamlined workforce management solutions is high.

As the global workforce undergoes significant transformations, Atomicwork’s vision for AI-driven workforce management could play a pivotal role in shaping the future of work, fostering more productive and fulfilling relationships between employees and their employers.

By: K. Tagura

Author statement:

Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

Arkifi, a Palo Alto, CA-based Arkifi, is revolutionizing the finance industry by putting the power of a digital financial analyst at your fingertips. No longer tethered to the monotonous task of manual model building in spreadsheets, Arkifi empowers finance professionals to strategize and innovate and, as a result, generate alpha.

Arkifi was funded $9 million led by Khosla Ventures and Nyca Partners, with participation from Soma Capital, MVP Ventures, GSBackers, Valiant Capital Employee Fund, Correlation VC, G&H Partners, and other strategic angel investors. The funds will be used to further develop and enhance their cutting-edge AI-based solutions to revolutionize financial analysis and decision-making.

Arkifi has gained significant attention for its innovative approach to financial analysis, which utilizes advanced artificial intelligence and machine learning algorithms to analyze vast amounts of data and provide insights that aid in investment decisions, risk assessment, and market trend predictions. Their tools suite caters to individual investors and financial institutions, providing them with data-driven insights and predictive analytics that were previously only accessible to a limited number of experts.

Arkifi’s tools have gained traction due to their ability to process and analyze market data in real time, identifying patterns and trends that can impact investment decisions. By harnessing the power of AI, Arkifi aims to level the playing field by providing retail investors and smaller financial firms with the tools they need to make informed choices in an increasingly complex economic landscape.

The financial technology sector has seen a surge in investment as companies continue to disrupt traditional financial services by integrating AI and machine learning.

As the fintech landscape continues to evolve, Arkifi’s advancements in AI-powered financial analysis tools are poised to be pivotal in reshaping the industry’s future. With this recent funding injection, the company is well-positioned to expand its offerings, refine its technology, and further solidify its presence in the rapidly changing financial technology sector.

By: K. Tagura

Author statement:

Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

Venteur, a Berkeley, CA-based operator of an artificial intelligence (AI) powered marketplace intended to help companies offer their employees a selection of personalized health insurance that works best for them. The company’s fintech platform offers ICHRA (individual coverage health reimbursement arrangement) solutions that give employees complete control over their healthcare purchasing decisions and give employers predictability in their benefits budget and control over costs, enabling businesses to optimize plan selection and streamline plan administration.

Venteur was funded $7.6 million led by GSR Ventures with participation from Headwater VC, Revelry Venture Partners, Houghton Street Ventures, Plug and Play, Techstars, CRCM Ventures and various angel investors. 

Venteur’s mission is to provide a seamless and individualized experience for employers and employees regarding health insurance coverage. Traditional employer-sponsored health plans often offer a one-size-fits-all approach, leading to inefficiencies and coverage gaps for employees with varying healthcare needs. Venteur aims to bridge this gap by leveraging cutting-edge technology and data analytics.

The infusion of capital will enable Venteur to develop further its proprietary platform, which uses advanced algorithms to analyze employee health data, preferences, and medical histories. This data-driven approach allows the company to tailor insurance plans that meet the unique needs of everyone, ultimately leading to improved health outcomes and greater satisfaction.

The company’s platform also offers streamlined administration for employers, simplifying the often-complex process of managing health insurance benefits. Employers can access real-time insights into their employees’ health and usage patterns, enabling them to make informed decisions about plan offerings and wellness initiatives.

As Venteur continues to refine its platform and expand its reach, the company aims to forge partnerships with employers across various industries who prioritize the health and well-being of their workforce. With this recent funding boost, Venteur is poised to redefine the future of employer-sponsored health insurance by putting personalization and data-driven insights at the forefront of the experience.

By: K. Tagura

Author statement:

Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

Olis Robotics is a Seattle, WA-based provider of an industrial telerobotic system that simplifies robotic operations in real-time. The company’s software offers a two-D and three-D video fusion platform that helps its users to assist robotic automation with high-value tasks that leverage haptic guidance control, machine learning, and data fusion, enabling clients and industries to intuitively control complex automated systems and promoting precision, efficiency, and overall mission success.

Olis Robotics was funded $4 million, led by PSL Ventures. Additional investors include Tectonic Ventures and Ubiquity Ventures and several prominent strategic angel investors, including robotics pioneer Daniel Theobald, the President and co-founder of MassRobotics and Founder and Chairman of Vecna Robotics.

Olis Robotics focuses on developing advanced software and control systems that enable remote operation of robotic systems across various industries, including manufacturing, energy, aerospace, and more. Their proprietary technology allows operators to control robots from a distance with precision and accuracy, making it possible to carry out complex tasks in environments that may be hazardous or hard to reach for humans.

The funding secured offerings and will accelerate the company’s research and development efforts, expand its product offerings, and strengthen its market presence. The investment will also support Olis Robotics in scaling up its team of engineers and experts to continue pushing the boundaries of remote robotics.

CEO and co-founder of Olis Robotics, Fredrik Ryden, expressed enthusiasm about the funding and the company’s prospects. They are thrilled to have the support of such esteemed investors who share their vision of revolutionizing remote robotic management. This funding will enable them to innovate further and provide their clients with even more advanced solutions that increase efficiency, safety, and accessibility.

The demand for remote robot management solutions has grown significantly in recent years, driven by the need for increased automation and remote operation capabilities across industries. Olis Robotics has positioned itself as a pioneer in this space, providing adaptable and customizable solutions that cater to the unique requirements of various sectors.

Olis Robotics’ technology has already been adopted by several major players in the aerospace and energy sectors, where the remote operation of robots is crucial for tasks such as maintenance, inspection, and repairs in challenging environments. The company’s user-friendly interface and intuitive controls have garnered praise for reducing the barriers to entry for operators, regardless of their technical background.

By: K. Tagura

Author statement:

Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

Persist AI, a Woodland, CA-based. Developed long-acting, extended-release formulation with active ingredient release rates designed to accelerate pre-clinical development time. The company uses machine learning and artificial intelligence-driven automation technologies, enabling drug manufacturers to speed up drug formulation and optimize drug loading, morphology, and distribution.

Persist AI was funded $4 million led by 2048 Ventures with participation from Innospark Ventures, Fellows Fund, YCombinator, Pioneer Fund, and other strategic angel investors in a recent funding round to propel drug formulation process advancement.

Persist AI, known for its cutting-edge artificial intelligence technologies, is dedicated to revolutionizing the drug development landscape. By harnessing the power of machine learning and predictive analytics, the company aims to expedite the formulation of new pharmaceutical compounds, ultimately enhancing the efficiency and efficacy of drug discovery.

Traditional drug formulation methods often involve trial and error, which can be time-consuming and costly. Persist AI’s platform seeks to mitigate these challenges by employing sophisticated algorithms to predict molecular interactions, identify potential side effects, and suggest optimal compound compositions. This accelerates the drug development timeline and reduces the risk of adverse reactions during clinical trials.

Karthik Raman, co-founder, and CEO of Persist AI expressed their enthusiasm about the recent funding round: They are thrilled to have the support of such esteemed investors who share their vision of transforming the pharmaceutical industry. This capital injection will enable them to scale our research efforts, refine our algorithms, and collaborate with pharmaceutical partners to bring safer and more effective drugs to market quickly.

Persist AI’s technology has already shown promising results in early-stage testing, demonstrating its ability to predict molecular behaviors accurately. With the additional funding, the company plans to expand its team of AI researchers and forge strategic partnerships with leading pharmaceutical companies to validate further and refine its platform.

The pharmaceutical industry has been increasingly adopting AI and machine learning solutions to streamline various drug discovery and development aspects. Persist AI’s innovative approach places it in a strategic position to make significant contributions to the field, potentially ushering in a new era of accelerated and more precise drug formulation.

As Persist AI continues to make strides in its research and collaborations, the company’s progress could potentially lead to groundbreaking advancements in pharmaceutical sciences, ultimately benefiting patients worldwide by bringing novel treatments to market faster and more efficiently.

By: K. Tagura

Author statement:

Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

ReflexAI is a New York-based groundbreaking technology startup specializing in AI-powered call center tools. The company’s devices are directly applied to crisis services, emergency response, social services, and healthcare real-time reporting in the most budget-aware way to assist veteran mental health, enabling trainees and agents with automated scores, saving time and energy while increasing consistency and visibility.

ReflexAI’s platform harnesses the power of artificial intelligence and machine learning to streamline call center operations, optimize agent performance, and enhance customer interactions. The company aims to create a more efficient, personalized, and satisfying experience for agents and customers by revolutionizing traditional call center practices.

ReflexAI was funded $3.3 million, led by Footwork, with additional investments from Emerson Collective, Altman Capital, Gaingels, and a group of angel investors. The financing will accelerate ReflexAI’s product development, expand its engineering team, and scale operations to cater to the growing demand from the call center industry.

Speaking about the funding milestone, CEO and Co-founder of ReflexAI, Sam Dorison, and Chief Product & Technology Officer John Callery, expressed excitement about the company’s trajectory and its impact on the call center landscape. Their mission is to reimagine how call centers operate by leveraging AI technology to elevate agent performance and redefine customer service.

The core offerings of ReflexAI’s AI-powered call center tools include the following:

Intelligent Call Routing: ReflexAI’s platform employs advanced algorithms to match incoming calls with the most suitable agents based on expertise, language proficiency, and past performance. This results in reduced wait times for customers and optimize agent productivity.

Real-Time Agent Assistance: The platform provides real-time insights and suggestions to call center agents during customer interactions. The AI system can offer relevant information and tips by analyzing the conversation, enabling agents to deliver more informed and effective responses.

Sentiment Analysis: ReflexAI’s AI-driven sentiment analysis allows supervisors to gauge customer emotions during calls. This valuable data helps managers identify potential issues, address customer concerns, and train agents to improve their interactions.

Analytics and Reporting: The platform generates comprehensive reports and analytics, offering call center managers valuable performance metrics and insights to identify areas for improvement and optimize operations continually.

The call center industry is expected to transform significantly in the coming years as businesses increasingly prioritize customer satisfaction and efficiency. ReflexAI’s solutions are at the forefront of this evolution, presenting a promising future for the company and the industry.

By: K. Tagura

Author statement:

Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

UpLift, a NYC-based and developer of digital health application designed for mental healthcare. The company’s application provides a multisided marketplace, applying technology that is covered by their insurance plan, its application acts as the bridge between patient, provider, and insurer, enabling patients to find in-network therapists and connect with a doctor that fits their pockets.

UpLift was funded $10.7 million was led by some strategic angel investors of Ballast Point Ventures with participation from Kapor Capital, Front Porch Ventures and B Capital.

The new funding will further expand access to UpLift’s team-based behavioral healthcare model, enabling thousands of behavioral healthcare providers to accept insurance payments for the first time and help patients match with the right team of providers, based on their unique clinical and non-clinical needs.

UpLift aims to revolutionize the way mental healthcare virtual support is delivered by combining advanced technology, artificial intelligence, and human expertise. The platform utilizes virtual reality (VR) and augmented reality (AR) technologies to create immersive and personalized mental health experiences for users.

Co-founded by Kyle Talcott, UpLift was born out of a shared vision to bridge the gap between traditional therapy and the evolving needs of individuals seeking mental healthcare support.

UpLift, emphasized the importance of combining human expertise with technology: While their platform leverages AI for personalized insights and support, they firmly believe in the value of human connection. Their licensed therapists and counselors play a vital role in guiding users through their mental healthcare journey and providing compassionate support when needed.

As the company gears up for its official launch later this year, the company is poised to make a significant impact on the mental healthcare landscape. By providing accessible, personalized, and innovative virtual mental health services, UpLift is on track to change the way people perceive and engage with mental healthcare support for the better.

By: K. Tagura

Author statement:

Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.

Mascotte Health, a Miami, FL-based, provides veterinary services to deliver personalized pet care and support for their owners. The company specializes in a tech-enabled operational team of licensed veterinary professionals providing triage, telemedicine, virtual receptionist services, and virtual support, enabling veterinary practitioners to streamline operations, reduce staff burnout and offer round-the-clock connected pet care.

Mascotte Health funded $1.2 million led by Nuwa Capital with participation from angel investors from Uber, Turo, and Airbnb. The investment aims to fuel the expansion of their tech-enabled services and enhance the overall care experience for pet owners. With this significant financial backing, Mascotte Health is poised to revolutionize the pet care industry by leveraging cutting-edge technology to improve the health and well-being of our beloved furry companions.

Leveraging advancements in artificial intelligence, data analytics, and mobile applications, the company aims to develop innovative solutions that simplify and enhance various aspects of pet care. From remote health monitoring to personalized treatment recommendations, Mascotte Health is committed to revolutionizing how pet owners interact with their furry friends’ healthcare.

Mascotte Health recognizes the importance of a seamless and comprehensive care experience for pet owners. With the funding, the company plans to invest heavily in research and development, enhancing user interfaces, creating intuitive mobile applications, and improving customer support. By streamlining access to vital information and services, Mascotte Health aims to empower pet owners to make informed decisions about their pets’ health and well-being.

The company recognizes the power of data in delivering personalized care. The company aims to provide pet owners with actionable insights into their pets’ health by harnessing the vast amounts of data generated through their tech-enabled services. Mascotte Health intends to identify patterns, detect early warning signs, and provide tailored recommendations for optimal pet care through data analytics and machine learning algorithms.

Mascotte Health plans to collaborate with veterinary clinics, animal hospitals, and industry experts to accelerate its mission of transforming pet care. By fostering partnerships, the company aims to tap into a wealth of knowledge and experience, ensuring that its tech-enabled services align with the highest standards of veterinary care.

By: K. Tagura

Author statement:

Who we are: Funded.com is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your Business Plan.