Tech Company Financing Transactions
FurtherAI Funding Round
On 4/2/2025, FurtherAI raised $5 million in funding from Nexus Venture Partners, Converge and Pioneer Fund.
Transaction Overview
Company Name
Announced On
4/2/2025
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to advance its commercial insurance AI, add more enterprise integrations, and grow its team.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
San Francisco, CA Undisclosed
USA
San Francisco, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We believe that, like energy, the cost of insurance affects the entire economy, and improving efficiencies here benefits everyone. We're a team of seasoned operators and AI experts, committed to help insurance companies unlock unprecedented efficiencies with AI. The insurance industry is facing a severe labor shortage while the existing workforce is spending 40% of their time in repetitive manual tasks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Aman Gour
Chief Technical Officer
Sashank Gondala
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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