Tech Company Financing Transactions
Zoom.AI Funding Round
Zoom.AI, operating out of Toronto ON, raised $3.1 million from Evolution Equity Partners, BDC Venture Capital and Betaworks.
Transaction Overview
Company Name
Announced On
4/12/2018
Transaction Type
Venture Equity
Amount
$3,100,000
Round
Seed
Investors
Evolution Equity Partners (Lead Investor) (Dennis Smith)
Proceeds Purpose
The company plans to use the funding to invest in its product development and expand its sales in the US and Europe.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
325 Front St. West 4th Floor
Toronto ON, M5V 2Y1
Canada
Toronto ON, M5V 2Y1
Canada
Phone
Undisclosed
Website
Email Address
Overview
Zoom.ai grew out of the need to minimize the distractions at work from operational tasks that limit our productivity. The Zoom.ai mission is to give everyone in the company their own automated assistant so that they can focus on their higher-value job duties.
Management Team
Title
Name
Email & Social
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