Tech Company Financing Transactions

Archive.ai Funding Round

On 11/3/2021, Archive.ai landed $4 million in Seed financing from Stripe, private investors and Lux Capital.

Transaction Overview

Company Name
Archive.ai
Announced On
11/3/2021
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors

Stripe (Lead Investor) (Chris Sperandio)

private investors (Andrew Jones)

private investors (Brian Long)

private investors (Clement Delangue)

private investors (Eric Glyman)

private investors (Karim Atiyeh)

private investors (Qasar Younis)

Lux Capital

Sugar Capital

Proceeds Purpose
With the new funding, the company tripled its headcount to 36 people, and its monthly recurring revenue grew 58% since April. The company also intends to triple the engineering team to focus on workflow automations and machine learning to assist and streamline marketing tasks and decisions.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Undisclosed
Miami, FL Undisclosed
USA
Phone
Undisclosed
Website
www.archive.ai
Email Address
Not Recorded
Overview
Archive is a technology company that builds digital community marketing infrastructure and automation for e-commerce merchants. Businesses of every size--from new startups to household brands--use our software to harness the content and creativity from their communities and make their digital marketing more cost-effective.
Profile
Archive.ai LinkedIn Company Profile
Social Media
Archive.ai Company Twitter Account
Company News
Archive.ai News
Facebook
Archive.ai on Facebook
YouTube
Archive.ai on YouTube

Management Team

Title
Name
Email & Social
Chairman
Geoffrey Woo
  Geoffrey Woo LinkedIn Profile  Geoffrey Woo Twitter Account  Geoffrey Woo News  Geoffrey Woo on Facebook
Chief Executive Officer
Paul Benigeri
  Paul Benigeri LinkedIn Profile  Paul Benigeri Twitter Account  Paul Benigeri News  Paul Benigeri on Facebook

 

 

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Prev: 11/3/2021: PierianDx venture capital transaction
Next: 11/3/2021: Shoreline Biosciences venture capital transaction

 

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