Materia raised $6.3M in funding led by Spark Capital with participation from Haystack Ventures, Thomson Reuters Ventures, Exponential Founders Capital, and the Allen Institute for AI to expand operations and development efforts.
Materia raised $6.3M in funding led by Spark Capital with participation from Haystack Ventures, Thomson Reuters Ventures, Exponential Founders Capital, and the Allen Institute for AI to expand operations and development efforts.
06/20/24, 6:08 PM
Location
new yorkMoney raised
$6.3 million
Industry
information technology
Investors
Allen Institute For Ai, Exponential Founders Capital, Thomson Reuters Ventures, Haystack Ventures, Spark Capital
Materia, a NYC-based comprehensive generative AI platform for public accounting firms, raised $6.3M in a funding round led by Spark Capital. Other participants include Haystack Ventures, Thomson Reuters Ventures, Exponential Founders Capital, and the Allen Institute for AI. The company intends to use the funds to expand operations and its development efforts.