Tech Company Financing Transactions
Tessl Funding Round
Tessl closed a $125 million Series A financing round on 11/14/2024. Backers included Index Ventures, Accel Partners and Boldstart Ventures.
Transaction Overview
Company Name
Announced On
11/14/2024
Transaction Type
Venture Equity
Amount
$125,000,000
Round
Series A
Investors
Proceeds Purpose
The new funding will allow Tessl to build out the platform and accelerate hiring in AI research, engineering, product, design, and developer relations.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
221 Pentonville Road
London, N1 9UZ
UK
London, N1 9UZ
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Tessl is reimaging software development for the AI era. Traditional development anchors software to code, defining both what it does and how it works. This slows down creation, complicates maintenance, and limits who can participate. With AI Native Development, developers can define functionality in natural language, leaving AI to handle the implementation and maintenance. It's a faster, more flexible approach, making development more accessible to creators of all kinds.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Guy Podjarny
Founder
Aaron Sokell
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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 news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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