Tech Company Financing Transactions
Roots Automation Funding Round
On 11/12/2020, Roots Automation raised $3.2 million in Seed funding from Vestigo Ventures and private investors.
Transaction Overview
Company Name
Announced On
11/12/2020
Transaction Type
Venture Equity
Amount
$3,200,000
Round
Seed
Investors
Vestigo Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate the development of its proven cognitive process automation technology called Digital Coworkers and customer acquisition across financial services, insurance and healthcare verticals.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
63 Lispenard St. 5A
New York, NY 10013
USA
New York, NY 10013
USA
Phone
Website
Email Address
Not Recorded
Overview
Our mission is to empower companies to free their 'roots' - their people - to focus on meaningful, impactful work. Roots Automation provides Digital Coworkers as a Service for companies of all sizes to support daily operations, reduce time spent on low-value tasks, and free up employee time to focus on customers and growth opportunities.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chaz Perera
Chief Technical Officer
John Cottongim
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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