Tech Company Financing Transactions
UpdateAI Funding Round
UpdateAI, based in Pasadena, raised $2.3 million in funding from idealabX, Andreessen Horowitz and CS Angel.
Transaction Overview
Company Name
Announced On
6/1/2023
Transaction Type
Venture Equity
Amount
$2,300,000
Round
Undisclosed
Investors
idealabX (Lead Investor)
private investors (Howard Morgan)
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
130 West Union Street
Pasadena, CA 91103
USA
Pasadena, CA 91103
USA
Phone
Undisclosed
Website
Email Address
Overview
Our mission is to empower Customer Success teams to build great relationships with their customers. We work with early and growth stage B2B SaaS companies to help them scale Customer Success outcomes. Everything we do is devoted to removing the overwhelm of back-to-back customer meetings so that CSMs can focus on the bigger picture: building relationships. UpdateAI is the first meeting assistant built specifically for CS.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joshua Schachter
Co-Founder
William Gross
Co-Founder
Mickey Powell
Browse more venture capital transactions:
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