Tech Company Financing Transactions
Baselayer Funding Round
Baselayer, based in New York, secured $6.5 million from Afore Capital, Founder Collective and Gilgamesh Ventures.
Transaction Overview
Company Name
Announced On
5/1/2024
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Seed
Investors
private investors (Eric Woodward)
private investors (Jason Mikula)
Proceeds Purpose
With the funding, the company plans to double down on investing and scaling its platform as well as refining and building out new features in its GenAI model.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Baselayer was founded in NYC by experienced entrepreneurs Jonathan Awad and Timothy Hyde, who saw the potential for a fresh take at leveraging AI to maximize the strength in numbers within the commercial banking and lending space.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jonathan Awad
Chief Technical Officer
Timothy Hyde
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We do our best to record every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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