Tech Company Financing Transactions
Redactive AI Funding Round
Blackbird Ventures, Felicis Ventures and Atlassian participated in a $7.5 million Seed capital raise for Redactive AI. The round was announced on 7/2/2024.
Transaction Overview
Company Name
Announced On
7/2/2024
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to grow the team across engineering, customer success, and marketing and work directly with enterprises on their Generative AI initiatives.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Melbourne, VIC, Undisclosed
Australia
Melbourne, VIC, Undisclosed
Australia
Phone
Undisclosed
Website
Email Address
Overview
Redactive's developer platform removes the specialist data engineering knowledge that developers need to learn, implement and maintain to build scalable & secure AI-enhanced applications for your customers or productivity use cases for your employees.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Andrew Pankevicius
Founder
Lucas Sargent
Founder
Alexander Valente
Browse more venture capital transactions:
Prev: 7/2/2024: GlassPoint venture capital transaction
Next: 7/2/2024: Cluby venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs