Tech Company Financing Transactions
MSPbots Funding Round
MSPbots, based in Chicago, secured $5 million from Mercury.
Transaction Overview
Company Name
Announced On
7/27/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to further develop and grow MSPbots with newly emerged AI technologies like LLM and RLHF and accelerate the expansion of its team.
Company Information
Company Status
Private & Independent
Industry
Consulting
Mailing Address
190 South LaSalle St 3025
Chicago, IL 60603
USA
Chicago, IL 60603
USA
Phone
Website
Email Address
Overview
MSPbots is created by an MSP, for MSPs. We are dedicated to using automation, big data, and artificial intelligence to help MSP businesses run their day-to-day operations BETTER, CHEAPER, and FASTER. Using Robotic Process Automation technology, we automate around 10-15% of MSPs' mundane, repetitive tasks. We connect to many popular industries' API, gather the data, generate reports using Power BI, then use Power BI reports to drive the bots to fix issues identified in those reports.
Management Team
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We do our best to record funding rounds that are announced publicly. VC investment data records on this site come from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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