Tech Company Financing Transactions
Nace.AI Funding Round
General Catalyst and private investors participated in a $5 million capital raise for Nace.AI. The round closed on 3/24/2025.
Transaction Overview
Company Name
Announced On
3/24/2025
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
General Catalyst (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Palo Alto, CA Undisclosed
USA
Palo Alto, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
NaceAI was born from our collective experiences at Google, Meta, Amazon, and the University of Toronto. Headquartered in Palo Alto, California. When we came together in the summer of 2024 to build NaceAI, we shared a singular vision inspired by a challenge we'd encountered time and again: the difficulty enterprises face in adapting mainstream language models to meet their specific business needs.
Management Team
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here come from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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