Tech Company Financing Transactions
Applied AI Funding Round
Applied AI closed a $42 million funding round on 11/17/2022. Investors included Goldman Sachs.
Transaction Overview
Company Name
Announced On
11/17/2022
Transaction Type
Venture Equity
Amount
$42,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The investment will help AAICO to develop AI products in the insurance, government, pharmaceutical and healthcare sectors, according to the founder and chief executive officer.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
23 Berkeley Sq.
London, W1J 6HE
UK
London, W1J 6HE
UK
Phone
Undisclosed
Website
Email Address
Overview
We build software to automate human processes within the insurance, pharmaceutical and healthcare sectors. We are engineers, investors, and operators reimagining regulated industries. We apply artificial intelligence to unleash the human potential by automating soul-destroying, repetitive, and data-rich processes.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Arya Bolurfrushan
VP - Engineering
Laurent Vernhes
VP - Operations
Kris Karcher
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We report on every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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