Tech Company Financing Transactions
Contextual AI Funding Round
Greycroft Partners, Bain Capital Ventures and Lightspeed Venture Partners invested in a $80 million Series A funding round for Contextual AI. The round was announced on 8/1/2024.
Transaction Overview
Company Name
Announced On
8/1/2024
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series A
Investors
Proceeds Purpose
The new funds are focused towards getting it into the market, though Kiela said he did not have a launch timeline.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Palo Alto, CA Undisclosed
USA
Palo Alto, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
We are building the next generation of foundation models that provide fully customizable, trustworthy, privacy-aware AI that lets you focus on the work that matters. Contextual AI works on your stack, is secure by default, and lowers the barrier to state-of-the-art generative AI.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Douwe Kiela
Chief Technical Officer
Amanpreet Singh
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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