ValidMind raised $8.1 million in a seed funding round led by Point72 Ventures to advance its go-to-market plans and establish long-term partnerships with customers in financial services.
Mar 27, 2024•over 1 year ago
Amount Raised
$8.1 Million
Round Type
seed
Investors
GaingelsAngel InvestFj LabsNotion CapitalAi FundNew York Life VenturesThird PrimePoint72 Ventures
Description
ValidMind, the leading next-generation AI and model risk management platform for financial services, raised $8.1 million in a seed funding round led by Point72 Ventures, with participation from Third Prime, New York Life Ventures, AI Fund, Notion Capital, FJ Labs, Angel Invest, and Gaingels. The funding will advance ValidMind’s go-to-market plans and establish it as a long-term partner to its customers in financial services.
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