Tech Company Financing Transactions
SourseAI Funding Round
SourseAI closed a $2 million Series A funding round on 12/13/2023. Backers included Centerstone Capital.
Transaction Overview
Company Name
Announced On
12/13/2023
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Series A
Investors
Centerstone Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to develop an AI platform for telcos, increase the size of its UK team, and double the size of its Australian-based R&D team.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1 Napier Street Sydney
New South Wales, 2060
Australia
New South Wales, 2060
Australia
Phone
Website
Email Address
Overview
Operator of a decision augmentation platform intended to serve companies to make data-driven decisions. The company uses artificial intelligence (AI) and a machine-learning algorithm to provide content recommendations, forecasts, actionable insights, and experimentation, enabling clients to make decisions through their customer lifecycle data.
Management Team
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Our team works diligently to document all VC transactions involving tech companies. VC transactions reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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