Tech Company Financing Transactions
Logically Funding Round
Logically secured a $24 million venture capital round on 3/17/2022. Investors included Vitruvian Partners, Amazon and Mercia Fund Management.
Transaction Overview
Company Name
Announced On
3/17/2022
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Logically will use the funds to scale its capabilities and drive growth across its three core markets in the US, UK, and India.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Brookfoot Mills Brookfoot Industrial Estate, Brookfoot
Brighouse, HD6 2RW
UK
Brighouse, HD6 2RW
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of a fact-checking platform intended to improve civic discourse in today's media landscape. The company's platform uses artificial intelligence and machine learning to detect misinformation, highlight manipulated imagery, and extract text from images, thereby enabling clients to combat fake news and stop the spread of misinformation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Lyric Jain
Chief Operating Officer
Tod Lockard
VP - Operations
Sagar Kaul
Browse more venture capital transactions:
Prev: 3/17/2022: PolicyGenius venture capital transaction
Next: 3/17/2022: Canopy Care venture capital transaction
Share this article
Where The Data Comes From
We document all VC transactions involving tech companies. VC transactions reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs