Tech Company Financing Transactions
Rhythms Funding Round
Rhythms secured $26 million from Madrona Venture Group, Accel Partners and Cercano Management.
Transaction Overview
Company Name
Announced On
12/7/2023
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Seed
Investors
Proceeds Purpose
Vellore says that the funds will be put toward product development, growing Rhythms' teams in Seattle and India (where most of the company's engineering is being done) and working toward a platform preview for select customers in early 2024.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Undisclosed, Undisclosed
Undisclosed
Undisclosed, Undisclosed
Undisclosed
Phone
Undisclosed
Website
Email Address
Overview
Rhythms, an AI-powered enterprise productivity startup founded by industry veteran and serial entrepreneur Vetri Vellore, today announced $26 million in seed funding, co-led by Greenoaks and Madrona with participation from Accel, Cercano (formerly Vulcan), and Founders' Co-op, all of which were also investors in his previous venture, Ally.io, which was acquired by Microsoft in 2021.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Vetri Vellore
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We do our best to record all VC transactions involving tech companies. VC investment data records reported here are derived from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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