Tech Company Financing Transactions
Effect.ai Funding Round
Private investors participated in a $13.6 million funding round for Effect.ai. The round was announced on 3/28/2018.
Transaction Overview
Company Name
Announced On
3/28/2018
Transaction Type
Token
Amount
$13,591,090
Round
Undisclosed
Investors
Proceeds Purpose
20% - Technology development and Effect M-Turk platform. 13% - Advanced Functionality of Blockchain & Smart contacts. 10% - Security and Hardware. 18% - Requesters & Workers Acquisition. 15% - Marketing. 9% - Operations, Overhead, Legal, Administration. 8% - Partnership & Talent Acquisition. 3% - Blockchain. 2% - AI. 2% - IOT.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Amsterdam, 1008 DG
The Netherlands
Amsterdam, 1008 DG
The Netherlands
Phone
Undisclosed
Website
Email Address
Overview
Effect.AI (Token:EFX) is an Amsterdam-based project that is working on a decentralized network for Artificial Intelligence and AI related services on the NEO blockchain. Effect.AI's main objective is to build a platform that will stimulate AI development and the creation of various AI services.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chris Dawe
Chief Technical Officer
Jesse Eisses
Chief Technical Officer
Laurens Verspeek
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Our team works diligently to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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