PineGap.ai raises $2.5 million in seed round led by SVQuad and Inventus Capital to strengthen its equity research platform.
Apr 15, 2024•over 1 year ago
Amount Raised
$2.5 Million
Round Type
seed
Investors
Mohan KumarVetri VelloreMohit AronDe VcInventus CapitalSv Quad
Description
AI SaaS startup PineGap.ai has successfully raised $2.5 million in its seed round led by US-based investors SVQuad and Inventus Capital. The raised funds will be used to expedite product development and build the engineering team in Bengaluru and the US.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers