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Plastic Labs has raised $5.35M in Pre-Seed funding led by Betaworks, White Star Capital, and Variant. The funding will support the development of their personal identity platform for AI.

Apr 14, 2025•3 months ago

Amount Raised

$5.35 Million

Round Type

pre-seed

New YorkMachine LearningArtificial Intelligence

Investors

VariantWhite Star CapitalBetaworks

Description

Plastic Labs, a personal identity platform for AI, has raised $5.35M in Pre-Seed funding. The round was led by investors Betaworks, White Star Capital, and Variant. Founded in 2023 by Vineeth Voruganti, Vince Trost, and Courtland Leer, the company has raised a total of $6M in reported equity funding. This funding will help advance their innovative technology in the AI space.

Company Information

Company

Plastic Labs

Location

New York, New York, United States

About

Plastic Labs is a personal identity platform for AI. The company focuses on enhancing user identity management through innovative AI solutions. Founded in 2023, it aims to address the growing need for secure and efficient identity verification. The startup has attracted notable venture capital investments to support its growth.

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

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