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Distyl AI raised $20 million in a Series A funding round led by Coatue to develop AI-assisted workflows for enterprise companies.

Sep 23, 202412 months ago

Amount Raised

$20 Million

Round Type

series a

San FranciscoMachine LearningArtificial Intelligence

Investors

Coatue

Description

Distyl AI has successfully completed a Series A funding round where it raised $20 million. The company, founded by former Palantir employees, now holds a valuation of at least $200 million.

Company Information

Company

Distyl AI

Location

San Francisco, California, United States

About

Distyl AI is on a mission to create the most customer-centric AI company that revolutionizes how enterprises thrive in the AI-assisted economy. We collaborate with leading institutions worldwide to enhance their AI readiness and build dependable, seamlessly integrated AI-driven solutions tailored to their distinct data, workflows, and employee requirements. Using our proprietary platform of in-house tools and alliances such as the one with OpenAI, our team diligently develops and deploys generative AI products that adhere to the highest standards of integrity and reliability, empowering the institutions that require them the most.

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Funding Insights

Based on industry data
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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech