Category: angel investors

Flam, a San Francisco, CA-based, in a significant move poised to revolutionize the digital publishing landscape, Flam, an innovative technology company.

Flam was funded with $4.5 million, led by Turbostart, Twin Ventures, and Alphatron Capital, alongside angel investors and family offices. Existing backers included Inventus Capital Partners, SVQ, and 9Unicorns, which also invested.

The new investment will fuel the development of Flam’s AI-driven mixed reality publishing platform and support its ambitious international expansion plans.

Flam’s platform is at the forefront of innovation, aiming to blur the lines between physical and digital experiences. By fusing advanced AI technologies with mixed reality (MR) capabilities, Flam envisions a future where content creators can craft immersive and interactive publications, revolutionizing traditional reading and learning experiences.

Flam’s founder and CEO, Mr. Shourya Agarwal, expressed his excitement about the funding round’s success. This investment is a testament to their investors’ belief in Flam’s vision. They are committed to pushing the boundaries of what is possible in digital publishing, creating a platform that offers unparalleled interactive experiences.

Mr. Agarwal is enthusiastic about Flam’s potential to disrupt multiple industries, including education, entertainment, and media. By harnessing the power of AI and MR, Flam is poised to create content that not only captivates but also adapts to individual user preferences, thereby elevating the overall experience. This transformative potential is what excites us and should excite you too.

Flam’s international expansion is not just a lofty goal, it’s a meticulously planned strategy. Their aim is to establish offices in key tech hubs and forge partnerships with local entities to adapt the platform to diverse cultural and market needs. This strategic approach underscores our commitment to our partners’ success and the success of our platform.

At the core of Flam’s platform is its sophisticated AI engine, which powers content personalization and interactivity. The AI analyzes user behavior and preferences, tailoring content to enhance engagement and retention.

The digital publishing world watches anxiously as Flam progresses with its development and expansion plans. The successful integration of AI and mixed reality could begin a new era in how we experience and interact with content.

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.

StrokeDx, a Pasadena, CA-based developer, is revolutionizing stroke care with its innovative diagnosis equipment. Their product, equipped with microsensors and AI software, swiftly detects blood in the brain, generating a predictive image of the stroke’s location. This breakthrough technology, more affordable than traditional methods, empowers doctors to perform portable triage and rapid diagnosis, potentially saving lives by reducing the time to treatment in stroke care.

StrokeDx was funded $5 million. This investment aims to accelerate developing and commercializing its cutting-edge technologies for safe and effective cerebrovascular monitoring.

The recent funding round, led by DigiTx Partners and featuring participation from Freeflow Ventures and other accomplished angel investors, underscores the confidence in StrokeDx’s potential. These strategic partnerships, with extensive achievements in neuroradiology, stroke, and medical devices, validate our advanced technologies’ promise to provide healthcare professionals with accurate, real-time data, enhancing the diagnosis and treatment of stroke and other cerebrovascular conditions.

Alexander Ballatori, CEO of StrokeDx, expressed his excitement about the funding, stating that investment is a significant milestone for StrokeDx. It will enable them to bring their innovative monitoring solutions to market more rapidly, ultimately improving patient outcomes and saving lives.

The $5 million infusion will be utilized to finalize product development, conduct clinical trials, and initiate the commercialization phase. StrokeDx plans to collaborate with leading medical institutions to ensure their technologies meet the highest safety and efficacy standards.

With this funding, StrokeDx is poised to impact cerebrovascular health significantly, providing essential tools for healthcare providers and paving the way for better patient care worldwide.

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.

Kudos, a Los Angeles, CA-based developer of a smart assistant intended to tell users the best card to use when they check out. The company keeps track of credit card rewards and sorts through data across multiple cards and most online merchants so that when consumers are ready to check out, the assistant can scan their wallet to tell them how they should pay and what rewards and benefits they’ll get on that purchase, enabling customers to track, manage and identify right card for the proper purpose.

Kudos was funded $10.2 million led by QED Investors with participation from Patron, The Points Guy founder Brian Kelly, Samsung Next, SV Angel investors, Precursor Ventures, The Mini Fund, Newtype Ventures, and the Four Cities Fund.

Kudos’ smart wallet is designed to revolutionize how users manage their finances. By leveraging artificial intelligence, the wallet offers personalized financial advice, automates budgeting, and optimizes spending patterns. This intelligent system aims to empower users with better financial control and more thoughtful decision-making capabilities.

With the new capital infusion, Kudos plans to expand its range of features and capabilities. The company aims to enhance its AI algorithms to provide more accurate and insightful financial recommendations. Additionally, the funding will support the development of new tools for investment tracking, debt management, and savings optimization.

The smart wallet market is rapidly growing, driven by the increasing demand for digital financial solutions. Kudos is poised to capture a significant market share by offering a comprehensive and user-friendly platform. The company’s focus on AI-driven personalization sets it apart from traditional financial management tools, appealing to tech-savvy users seeking innovative solutions.

Kudos’ CEO, Tikue Anazodo, expressed optimism about the future. New funding will enable them to accelerate their growth and develop cutting-edge technology that transforms financial management. They’re excited to bring even more value to their users and help them achieve their financial goals.

The successful funding round highlights investor confidence in Kudos’ vision and technology. With the backing of leading venture capitalists, Kudos is well-positioned to expand its market presence and further innovate in the fintech space.

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.

ByHeart, a NYC-based operator of an infant nutrition company, stands out for its commitment to providing nutritious food for babies. The company’s products, crafted from hand-picked ingredients and blended in small batches, are a testament to their dedication to quality. ByHeart’s focus on immune, microbiome, cognitive, and digestive health sets them apart, offering parents a unique choice to proactively build a strong foundation for their babies’ future health.

ByHeart was funded $95 million in a new funding round. This significant financial boost will power the development of ByHeart’s cutting-edge innovation pipeline, a testament to its commitment to ensuring babies’ future health through advanced food solutions.

The recent funding round, led by strategic investors including D1 Capital Partners, Bellco Capital, Polaris Partners, Two River, OCV Partners, AF Ventures, Red Sea Ventures, Gaingels, and other angel investors, is a clear vote of confidence in ByHeart’s mission and its potential to revolutionize the infant nutrition market. This capital infusion will be instrumental in expanding research and development efforts, accelerating product development, and enhancing manufacturing capabilities.

ByHeart’s approach combines rigorous scientific research with a commitment to natural ingredients, aiming to provide the highest quality nutrition for infants. The company’s proprietary processes and unique formulations set it apart in a competitive market, promising to deliver products that support healthy growth and development from the earliest stages of life.

The CEO of ByHeart, Ron Belldegrun, said that they are thrilled to have the support of their investors as they continue to innovate and set new standards in infant nutrition. The latest funding allows them to bring their vision to life, ensuring they can offer parents the best options for their babies’ health and future.

The company plans to utilize the funds to scale its operations, enhance its supply chain, and bring new, groundbreaking products to market. ByHeart’s commitment to transparency, quality, and scientific excellence positions it as a leader in improving infant health through better nutrition.

This investment marks a significant milestone for ByHeart and reinforces its mission to provide infants with the foundation they need for a healthy future. With this substantial backing, ByHeart is well-equipped to make a lasting impact on infant nutrition, offering innovative solutions that meet the needs of parents and their babies.

By: K. Tagura

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.

STELLA Automotive AI, based in Tampa, FL, is an artificial intelligence technology that enables solutions for the automobile industry to talk to customers. It uses cognitive conversational artificial intelligence to answer phones, talk to customers, and strengthen core BDC functions like setting appointments.

Using STELLA’s technology, dealerships can solve the longtime major pain points of engaging with customers in a timely and helpful fashion. STELLA’s AI assistant can simultaneously handle unlimited inbound calls, engaging in natural language conversations 24/7 to deliver a world-class customer experience. The STELLA assistant is trained on a wide range of automotive retail topics and can answer frequently asked questions and schedule service and sales appointments.

Stella was funded $19.7 million newly invested capital and outstanding convertible notes that converted into this Series A issuance. Backers included Reynolds and Reynolds, Qvale Auto Group, OREMOR Automotive Group, Mills Automotive Group, Bowers Automotive Group, MileOne Autogroup, Flow Automotive, MBB Auto Group, Ford Family Investments, and West Herr Auto Group, and other strategic angel investors.

This substantial investment is earmarked for accelerating product development and fueling the company’s growth in the market. Stella Automotive AI has been making waves with its innovative approach to leveraging artificial intelligence. Our technology is not just about enhancing various aspects of the automotive sector, from autonomous driving technologies to advanced analytics for vehicle performance optimization, but it’s about revolutionizing the way we interact with customers and strengthen core BDC functions.

Presidio Managing Director Keith Style rightly pointed out that having dealers on board as early investors and users of STELLA’s technology creates a symbiotic relationship that benefits both parties. Our strategic investors, who have deployed these solutions, play a crucial role in providing real-time feedback. This invaluable input enables STELLA to quickly enhance its current product offerings and develop a robust roadmap of future products that dealers want to deploy in their stores.

Stella Automotive AI’s successful funding round underscores the growing interest and investment in AI-driven innovations within the automotive sector, highlighting the industry’s ongoing transformation towards more intelligent, efficient, and connected vehicles.

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.

Prime Intellect is a San Francisco, CA-based decentralized AI platform developer designed to commoditize intelligence. The company’s platform surpasses the limitations of traditional computing infrastructures using distributed, low-communication training approaches and enables the training of large AI models using distributed resources. This enables developers to reduce costs with affordable and distributed computing and create a sustainable business model for open-source models.

Prime intellect was funded $5.5 million led by Distributed Global and CoinFund with participation from Compound, Collab+Currency and Filecoin Creator Juan Benet with Protocol Labs, as well as angel investors including Hugging Face CEO Clem Delangue.

This substantial investment is aimed at establishing a groundbreaking decentralized AI ecosystem, where participants will be incentivized and rewarded for their contributions. The company’s innovative approach to AI development and collaboration has garnered significant attention and support from investors seeking to capitalize on the growing demand for decentralized technologies.

Prime Intellect’s decentralized AI ecosystem promises to revolutionize how AI research and development are conducted. By leveraging blockchain technology, participants in the ecosystem will have access to a transparent and secure platform for sharing ideas, data, and algorithms. This collaborative environment will foster innovation and drive advancements in AI across various industries.

One of the key features of Prime Intellect’s ecosystem is its reward mechanism. Participants who contribute valuable insights, algorithms, or data to the platform will receive tokens as incentives. These tokens can be used within the ecosystem for accessing premium services, participating in governance decisions, or trading on supported exchanges.

As the demand for AI solutions continues to grow, Prime Intellect’s innovative approach signals a paradigm shift in how AI technologies are developed, deployed, and utilized. The success of their decentralized AI ecosystem could pave the way for a more democratized and collaborative future in AI innovation.

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.

Nominal is a Los Angeles, CA-based developer of an engineering data infrastructure platform designed to align with the workflows of hardware engineers. The company’s platform bridges the gap between machines and the human experts who develop, test, and operate them by ingesting, analyzing, and visualizing mission-critical hardware data from diverse sources for engineers to gain the insights needed to make reliable and timely decisions, enabling industrialists to make business decisions in a reliable and timely manner.

Nominal was funded $7.5 million, showcasing strong investor confidence in its innovative approach to data analytics. Lux Capital led the Seed round, with participation from Founders Fund and General Catalyst. Additional investors included Haystack VC, XYZ Ventures, Human Capital, Box Group, Overmatch, and strategic angel investors.

Nominal’s platform is designed to help businesses navigate complex data landscapes, providing actionable insights and strategic intelligence. With this latest funding infusion, Nominal aims to further enhance its technology stack, expand its customer base, and solidify its position as a critical player in the data analytics industry.

Cameron McCord Nominal’s CEO said they are thrilled to have the support of their investors as they continue to drive innovation in mission-critical data analytics. The new funding will fuel their efforts to empower businesses with the tools and insights they need to make informed decisions and achieve their strategic objectives.

Nominal has the potential to revolutionize how businesses leverage data for competitive advantage. As companies increasingly rely on data-driven strategies, Nominal’s solutions are poised to drive growth and performance across various sectors.

By: K. Tagura

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.

GoodGist, a Foster City, CA-based, developer of a corporate skills development platform intended to facilitate artificial intelligence-powered knowledge management automation. The company’s platform offers career personalized upskilling content curation, personalized learning, personalized assessment, and research content curation through various courses and learning opportunities that cater to the needs of professionals and students, enabling users to attain enhanced workplace productivity.

Backers included FortyTwo.VC, Cedar Ridge Ventures, DX Partners, and angel investors from tech companies such as Microsoft and Amazon. The company’s platform integrates language education with career-focused content, providing users with a comprehensive learning experience that not only improves language skills but also enhances their career prospects.

This investment will fuel the launch of their innovative multilingual platform in global markets and further enhance their offerings in career up-skilling.

With this new capital infusion, GoodGist aims to expand its reach to a wider audience across different regions, catering to the growing demand for multilingual skills in today’s globalized economy. The platform’s advanced features, such as personalized learning paths, interactive lessons, and real-world simulations, set it apart as a leader in the edtech sector.

GoodGist’s CEO expressed excitement about the funding round, stating, the investment is a testament to the value their platform brings to learners and professionals alike. They are committed to empowering individuals with the language proficiency and career readiness they need to succeed in a competitive landscape.

The company plans to roll out new features and partnerships in the coming months, aiming to revolutionize how people learn languages and advance their careers. GoodGist’s vision of a connected, multilingual workforce is now closer to reality, thanks to this significant funding milestone.

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.

Higgsfield AI is a San Francisco, CA-based developer of an open-source machine learning framework designed for video creation tools. The company’s framework offers functions such as allocating exclusive and non-exclusive access to compute resources to users for their training tasks, supporting ZeRO-3 deep speed API and fully sharded data parallel API of PyTorch, enabling users with a framework for initiating, executing, and monitoring the training of large neural networks on allocated nodes, managing resource contention by maintaining a queue for running experiments and more.

Higgsfield AI was funded with $8 million led by Menlo Ventures, with participation from Charge Ventures, Bitkraft Ventures, K5 Tokyo Black, AI Capital Partners (Alpha Intelligence Capital’s U.S.-based fund), and DVC, among others. Angel investors include Nima Khajehnouri, Ilya Gelfenbeyn, Abhay Parasnis, Amar Hanspal, and Jack Brody.

The investment will fuel Higgs Field AI’s mission to democratize video creation by making cutting-edge tools accessible to a broader spectrum of content creators, from independent filmmakers to social media influencers. With a focus on leveraging AI and machine learning technologies, Higgs field AI aims to revolutionize how videos are conceptualized, produced, and distributed.

Higgsfield AI’s platform integrates advanced features such as automated video editing, real-time analytics, and personalized content recommendations. By harnessing the power of AI, creators can streamline their workflow, enhance video quality, and optimize audience engagement, ultimately driving growth and success in the digital landscape.

The company’s innovative approach has garnered attention and support from investors who recognize the potential impact of AI-driven solutions in the content creation industry. With the new funding, Higgsfield AI plans to expand its team, enhance product capabilities, and forge strategic partnerships to empower creators further and elevate the standard of video content creation.

As the demand for high-quality video content continues to rise across platforms, Higgsfield AI’s vision and technological prowess position it as a key player in shaping the future of digital content creation. With a focus on accessibility, innovation, and user empowerment, Higgsfield AI is poised to lead the way in revolutionizing the way creators bring their ideas to life through video.

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.

Goodbill is a Seattle, WA-based developer of a payment platform designed to improve the hospital bill payment system. The company’s platform analyzes medical bills, finds possible hospital billing errors and inflated charges, and negotiates to lower expenses by using price technology. This enables customers to get a payment plan and pay less for medical costs.

Goodbill was funded $2 million, led by venture capital firms known for their strategic investments in cutting-edge healthcare technologies and other angel investors. This infusion of capital will enable Goodbill to accelerate the development of its platform and expand its reach within the healthcare ecosystem.

Goodbill is on a mission to transform how medical records and hospital bills are analyzed and managed. By leveraging advanced technologies such as artificial intelligence and machine learning, Goodbill aims to streamline processes, reduce errors, and improve healthcare billing and record-keeping efficiency.

Advanced Data Analysis: Goodbill’s platform utilizes advanced algorithms to analyze digital medical records and hospital bills, extracting valuable insights and identifying areas for optimization.

Cost Savings: Goodbill helps healthcare providers and payers save costs and improve financial performance by identifying billing discrepancies and inefficiencies.

Enhanced Accuracy: Goodbill’s AI-powered algorithms ensure greater accuracy in billing and record-keeping, reducing errors and improving compliance.

Seamless Integration: The platform seamlessly integrates with existing healthcare systems, making it easy for providers to adopt and benefit from Goodbill’s solutions.

Goodbill’s innovative approach could drive significant improvements in the healthcare industry. By streamlining billing processes, improving data accuracy, and reducing administrative burdens, Goodbill empowers healthcare providers to focus more on patient care and less on paperwork.

The $2 million funding secured by Goodbill underscores the growing demand for innovative healthcare billing and record management solutions. With its advanced platform and visionary approach, Goodbill is poised to make a lasting impact on the healthcare industry, driving efficiency, cost savings, and better patient outcomes.

By: K. Tagura

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.