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DeepSee.ai Announces $22.6M Series A Funding to Enable Enterprises to Turn Data Into Assets for “Months to Minutes” Efficiencies

Mar 15, 2021•over 4 years ago

Amount Raised

$22 Million

Round Type

series a

Salt Lake City

Description

DeepSee.ai, the leader in AI-powered Knowledge Process Automation, today announced it has closed $22.6 million in Series A funding led by ForgePoint Capital, with participation from previous investors AllegisCyber Capital and Signal Peak Ventures. DeepSee’s total funding to date is now $30.7 million. The series A funds will be used to accelerate product development and expand the platform beyond the capital markets and insurance verticals. Sean Cunningham, Managing Director of ForgePoint Capital will join the DeepSee Board of Directors.

Company Information

Company

Deepsee.Ai

Location

Salt Lake City, Utah, United States

About

SALT LAKE CITY--(BUSINESS WIRE)--DeepSee.ai, the leader in AI-powered Knowledge Process Automation, today announced it has closed $22.6 million in Series A funding led by ForgePoint Capital, with participation from previous investors AllegisCyber Capital and Signal Peak Ventures. DeepSee’s total funding to date is now $30.7 million. The series A funds will be used to accelerate product development and expand the platform beyond the capital markets and insurance verticals. Sean Cunningham, Managing Director of ForgePoint Capital will join the DeepSee Board of Directors.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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