DryMerge raised $2.2M in seed funding led by Y Combinator and several angel investors to make automation easier with AI.

Sep 17, 2024•10 months ago

Amount Raised

$2.2 Million

Round Type

seed

San FranciscoMachine LearningArtificial IntelligenceSoftware

Investors

Nate MathersonKulveer TaggarJj FliegelmanUmur CubukcuBreakpoint CapitalRitual CapitalGoodwater CapitalGarage CapitalY Combinator

Description

DryMerge has successfully raised $2.2 million in a seed funding round to enhance automation using artificial intelligence. The funding round included participation from notable investors such as Y Combinator, Garage Capital, and Goodwater Capital.

Company Information

Company

DryMerge

Location

San Francisco, California, United States

About

DryMerge is an artificial intelligence company focused on making automation easier and accessible for non-technical users. Founded by Edward Frazer and Samuel Brashears, the company aims to simplify the automation process, enabling users to go from problem statements to solutions quickly. DryMerge targets a diverse audience, including school administrators, small business owners, and asset managers. The company recently participated in the Y Combinator Winter 2024 Batch startup accelerator program.

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

DryMerge raised $2.2M in seed funding led by Y Combinator and several angel investors to make automation easier with AI.

Investors

Description

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