Profet Ai Closes Us$5.6M Series A Round To Fuel Regional Expansion And Product Development
Jan 05, 2023•over 2 years ago
Round Type
series a
Investors
Jensen Capital ManagementHarbinger Venture CapitalHive VenturesDarwin Ventures
Description
Profet AI, a Taiwan-based developer of auto machine learning solutions, has raised US$5.6 million in a Series A funding round led by Darwin Ventures. Existing investors Hive Ventures, AUO and SVTI also participated in the round, joined by Harbinger Venture Capital, and Jensen-Capital Management. Profet AI will use this funding to accelerate its overseas expansion into Japan, Southeast Asia and China, further develop its AutoML Virtual Data Scientist Platform and Ready To Go Applications and accelerate new product development.
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