Tech Company Financing Transactions

Shield AI Funding Round

Shield AI, operating out of San Diego, raised $10.5 million from Andreessen Horowitz, Bloomberg Beta and Founder Collective.

Transaction Overview

Company Name
Announced On
3/29/2017
Transaction Type
Venture Equity
Amount
$10,499,995
Round
Series A
Investors

Andreessen Horowitz (Lead Investor) (Peter Levine)

Bloomberg Beta

Founder Collective

Homebrew Ventures

Proceeds Purpose
The company intends to use the funds to accelerate the development and deployment of artificially intelligent products.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
501 W Bdwy.
San Diego, CA 92101
USA
Phone
Undisclosed
Email Address
Overview
Shield AI works with the Department of Defense, the Department of Homeland Security, and other federal, state, and local departments and agencies to deliver next generation intelligence, reconnaissance, and surveillance systems. We build AI to enable fully autonomous unmanned systems that dramatically reduce risk and enhance situational awareness in the most dangerous situations.
Profile
Shield AI LinkedIn Company Profile
Social Media
Shield AI Company Twitter Account
Company News
Shield AI News
Facebook
Shield AI on Facebook
YouTube
Shield AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ryan Tseng
  Ryan Tseng LinkedIn Profile  Ryan Tseng Twitter Account  Ryan Tseng News  Ryan Tseng on Facebook
Chief Technical Officer
Nathan Michael
  Nathan Michael LinkedIn Profile  Nathan Michael Twitter Account  Nathan Michael News  Nathan Michael on Facebook
Co-Founder
Andrew Reiter
  Andrew Reiter LinkedIn Profile  Andrew Reiter Twitter Account  Andrew Reiter News  Andrew Reiter on Facebook
VP - Engineering
Chris Barngrover
  Chris Barngrover LinkedIn Profile  Chris Barngrover Twitter Account  Chris Barngrover News  Chris Barngrover on Facebook
VP - Engineering
Timothy Ramsay
  Timothy Ramsay LinkedIn Profile  Timothy Ramsay Twitter Account  Timothy Ramsay News  Timothy Ramsay on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/28/2017: Primus Power venture capital transaction
Next: 3/29/2017: Tenfold venture capital transaction

 

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Our team works diligently to record all VC transactions involving tech companies. VC transactions reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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