Tech Company Financing Transactions
All Hands AI Funding Round
On 9/5/2024, All Hands AI raised $5 million in Seed investment from Menlo Ventures.
Transaction Overview
Company Name
Announced On
9/5/2024
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Menlo Ventures (Lead Investor)
Proceeds Purpose
All Hands AI expects to monetize its service by offering paid, closed-source enterprise features. "We think that there's a bunch of software that we can build that complements the open source that's really delivering value to big enterprises where we can feel good about building that in a closed source way to help make sure that we have a sustainable open source project that's getting financial contribution back from the larger enterprises that are using it,
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Boston, MA Undisclosed
USA
Boston, MA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Developer of open-source artificial intelligence agents designed to automate tasks for developers. The company platform offers agents that write code, run commands, and use the web, enabling developers to offload repetitive work while maintaining security through partnerships with AI safety experts.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Brennan
Co-Founder
Graham Neubig
Co-Founder
Xingyao Wang
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We do our best to report on every notable VC transaction. VC transactions 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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