Tech Company Financing Transactions
Actuate Funding Round
Actuate secured a $11.5 million funding round on 8/14/2024. Backers included Bling Capital, Tensility Venture Partners and Tribeca Venture Partners.
Transaction Overview
Company Name
Announced On
8/14/2024
Transaction Type
Venture Equity
Amount
$11,500,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to accelerate its growth, enhance its technology, and expand its market presence.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
115 West 30th Street 1103
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Website
Email Address
Overview
At Actuate, our goal is to keep people safe in any environment, without compromising privacy. Actuate Co-Founder Sonny Tai's passion for threat prevention comes from his upbringing in South Africa, where family friends were part of the country's high gun violence statistics. As the gun violence epidemic has swelled here in the U.S., Sonny's background as a Marine Corps Captain led him to create Actuate.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC transactions reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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