Tech Company Financing Transactions
Borderless AI Funding Round
Borderless AI closed a $27 million Seed investment round on 3/21/2024. Backers included Aglaé Ventures, Susquehanna Private Equity and private investors.
Transaction Overview
Company Name
Announced On
3/21/2024
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Seed
Investors
Aglaé Ventures (Lead Investor)
Susquehanna Private Equity (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
148 Lafayette St
New York, NY 10013
USA
New York, NY 10013
USA
Phone
Undisclosed
Website
Email Address
Overview
Borderless AI is a global payroll solution that leverages the power of generative AI to automate and speed up the process of on-boarding, managing, and paying international team members. Borderless AI created Alberni, the world's first AI agent for Global HR. With the power of conversational AI, Alberni performs many tasks for HR teams such as: employment agreement generation, on-boarding international team members, and many other HR-related tasks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Sean Aggarwal
Chief Executive Officer
Willson Cross
Chief Technical Officer
Derrick Isaacson
VP - Bus. Development
John Salama
VP - Marketing
Amethyst Van Loucks
VP - Product Management
Rob Crabtree
VP - Product Management
Umesh Maini
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Where The Data Comes From
We report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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