Tech Company Financing Transactions
Spice AI Funding Round
On 9/7/2022, Spice AI raised $13.5 million in Seed financing from Madrona Venture Group, Alumni Ventures and Asymmetric Capital Partners.
Transaction Overview
Company Name
Announced On
9/7/2022
Transaction Type
Venture Equity
Amount
$13,500,000
Round
Seed
Investors
Madrona Venture Group (Lead Investor) (Aseem Datar)
private investors (Thomas Dohmke)
Proceeds Purpose
Spice AI is building the foundational platform for Web3, so developers do not have to invest in standing up their own infrastructure and in data engineering that is complex and costly, and frankly, hard to get right.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
113 Cherry Street PMB 26297
Seattle, WA 98104
USA
Seattle, WA 98104
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded in June 2021 by Microsoft and GitHub alumni Luke Kim and Phillip LeBlanc, Spice AI creates technology to help developers build intelligent apps that learn and adapt. Before co-founding Spice AI, Luke was the co-creator of Azure Incubations in the Office of the Azure CTO, where he led cross-functional engineering teams to create and develop technologies like Dapr and OAM.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tae Kim
Chief Technical Officer
Phillip LeBlanc
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