Tech Company Financing Transactions
ChAI Funding Round
ChAI, operating out of London England, secured investment capital from Seraphim Space, 2050 Capital and Insurtech Gateway.
Transaction Overview
Company Name
Announced On
10/19/2022
Transaction Type
Venture Equity
Amount
Unknown
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand commodity insurance products for smaller companies.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
9th Floor, Mindspace 9 Appold Street
London England, EC2A 2AP
UK
London England, EC2A 2AP
UK
Phone
Undisclosed
Website
Email Address
Overview
ChAI leverages Artificial Intelligence techniques on Alternative Data in order to forecast commodity prices. We use satellite imagery, freight data, economic statistics, and financial information to make accurate predictions ranging from 1 day to 1 year into the future. We enable purchasing managers, vendors and CFOs to exercise forward-looking control of their materials price risk - bringing less price volatility, stronger business margins and better financial control.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tristan Fletcher
Chief Operating Officer
Marcus Dixon
Chief Technical Officer
Michael Button
Co-Founder
Steve Butler
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