Tech Company Financing Transactions

Distyl AI Funding Round

Lightspeed Venture Partners, Coatue Management and Dell Technologies Capital participated in a $20 million Series A funding round for Distyl AI. The funding round closed on 11/19/2024.

Transaction Overview

Company Name
Announced On
11/19/2024
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to accelerate its efforts to build its AI engineering and research team.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
San Francisco, CA Undisclosed
USA
Phone
Undisclosed
Email Address
Overview
Distyl AI is on a mission to create the most customer-centric AI company that revolutionizes how enterprises thrive in the AI-assisted economy. We collaborate with leading institutions worldwide to enhance their AI readiness and build dependable, seamlessly integrated AI-driven solutions tailored to their distinct data, workflows, and employee requirements. Using our proprietary platform of in-house tools and alliances such as the one with OpenAI, our team diligently develops and deploys generative AI products that adhere to the highest standards of integrity and reliability, empowering the institutions that require them the most.
Profile
Distyl AI LinkedIn Company Profile
Social Media
Distyl AI Company Twitter Account
Company News
Distyl AI News
Facebook
Distyl AI on Facebook
YouTube
Distyl AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Arjun Prakash
  Arjun Prakash LinkedIn Profile  Arjun Prakash Twitter Account  Arjun Prakash News  Arjun Prakash on Facebook
Chief Operating Officer
Derek Ho
  Derek Ho LinkedIn Profile  Derek Ho Twitter Account  Derek Ho News  Derek Ho on Facebook


 

 

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Prev: 11/19/2024: Cytomos venture capital transaction
Next: 11/19/2024: ThoroughCare venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records on this site are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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