Tech Company Financing Transactions
Alegion Funding Round
On 6/28/2017, Alegion raised $3.6 million in Series A financing from RHS Investments and private investors.
Transaction Overview
Company Name
Announced On
6/28/2017
Transaction Type
Venture Equity
Amount
$3,600,000
Round
Series A
Investors
RHS Investments (Lead Investor)
Proceeds Purpose
The infusion of capital will allow the company to accelerate its AI offerings and capitalize on AI's exponential growth, which is expected to exceed $16B annually by 2022, according to IBM research.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
501 Pedernales St. 1a
Austin, TX 78702
USA
Austin, TX 78702
USA
Phone
Website
Email Address
Overview
Alegion is an Austin-based technology company that provides human intelligence solutions designed for today's AI & machine learning initiatives. Alegion provides AI training data, algorithm validation and human-in-the-loop exception processing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nathaniel Gates
VP - Customer Service
Wes Kranz
VP - Customer Service
John McLeod
VP - Engineering
Yasser Farra
VP - Finance
Ryan Suneson
VP - Product Management
Chip Ray
VP - Product Management
Benjamin Schneider
Browse more venture capital transactions:
Prev: 6/28/2017: Caretaker venture capital transaction
Next: 6/28/2017: Resolver venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to record tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs