Tech Company Financing Transactions
Abel Funding Round
Abel secured a $5 million Seed financing round on 10/17/2024. Backers included Day One Ventures, Long Journey Ventures and Y Combinator.
Transaction Overview
Company Name
Announced On
10/17/2024
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Proceeds Purpose
Francis will use the funding to hire engineers and continue improving Abel's AI.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Undisclosed
San Francisco, CA Undisclosed
USA
San Francisco, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Abel takes police body camera footage and turns it into completed police reports. Currently American patrol officers tend to spend one third of their shift writing reports - turning that to zero would increase the effective police force by 50%, radically changing US cities.
Management Team
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About Database of VC Transactions
We do our best to document every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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