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Louisa AI raised $5M in a seed funding round led by multiple investors to systematise networking ecosystem in businesses.

Mar 06, 2024over 1 year ago

Amount Raised

$5 Million

Round Type

seed

New YorkSoftwareMachine LearningArtificial Intelligence

Investors

Ex Goldman Sachs PartnersGaingelsNucleus VcEvolution VcPalm Drive VcOxford University's Investment Arms

Description

Louisa AI, an AI-powered platform spun out from Goldman Sachs, raised $5 million in seed funding to enhance its technology designed to systematise ''serendipity'' in professional settings. The funding will be used towards systematising the networking ecosystem in businesses. The seed funding round attracted support from Oxford University's investment arms, early-stage venture capitalists such as Palm Drive VC, Evolution VC, Nucleus VC and Gaingels, and ex-Goldman Sachs partners.

Company Information

Company

Louisa AI

Location

New York, New York, United States

About

Louisa AI is an AI-powered platform that operates independently from global investment banking firm Goldman Sachs and works towards fostering collaborative intelligence within and between companies.

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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