Tech Company Financing Transactions

Abacus.AI Funding Round

On 6/13/2019, Abacus.AI raised $5.3 million in Seed funding from private investors and Khosla Ventures.

Transaction Overview

Company Name
Announced On
6/13/2019
Transaction Type
Venture Equity
Amount
$5,250,000
Round
Seed
Investors

private investors (Lead Investor) (Eric Schmidt)

private investors (Lead Investor) (Ram Shriram)

private investors (Deepchand Nishar)

private investors (Donald Burnette)

private investors (Elad Gil)

private investors (Keval Desai)

private investors (Paul Buchheit)

Khosla Ventures

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1099 Folsom St.
San Francisco, CA 94103
USA
Phone
Undisclosed
Email Address
Overview
Abacus.AI is an AI research company that is focused on hard problems that enterprises have. Today, most North American organizations haven't managed to deploy AI in production yet. We are working on a number of research areas to address these issues.
Profile
Abacus.AI LinkedIn Company Profile
Social Media
Abacus.AI Company Twitter Account
Company News
Abacus.AI News
Facebook
Abacus.AI on Facebook
YouTube
Abacus.AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Bindu Reddy
  Bindu Reddy LinkedIn Profile  Bindu Reddy Twitter Account  Bindu Reddy News  Bindu Reddy on Facebook
Chief Technical Officer
Arvind Sundararajan
  Arvind Sundararajan LinkedIn Profile  Arvind Sundararajan Twitter Account  Arvind Sundararajan News  Arvind Sundararajan on Facebook
VP - R & D
Siddartha Naidu
  Siddartha Naidu LinkedIn Profile  Siddartha Naidu Twitter Account  Siddartha Naidu News  Siddartha Naidu on Facebook
VP - Sales
Ryan Feaver
  Ryan Feaver LinkedIn Profile  Ryan Feaver Twitter Account  Ryan Feaver News  Ryan Feaver on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/13/2019: BetterUp venture capital transaction
Next: 6/13/2019: Neurotrack Technologies venture capital transaction

 

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Where The Data Comes From

Our team works diligently to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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