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
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
Phone
Undisclosed
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.
Profile
Abel LinkedIn Company Profile
Social Media
Abel Company Twitter Account
Company News
Abel News
Facebook
Abel on Facebook
YouTube
Abel on YouTube

Management Team

Title
Name
Email & Social
Founder
Daniel Francis
  Daniel Francis LinkedIn Profile  Daniel Francis Twitter Account  Daniel Francis News  Daniel Francis on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/17/2024: Neuphonic venture capital transaction
Next: 10/17/2024: RIFT venture capital transaction

 

Share this article

 


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.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary