Tech Company Financing Transactions
Spike Technologies Funding Round
Practica Capital, TheVentureCity and APX participated in a $3.5 million Seed capital raise for Spike Technologies. The financing round was announced on 6/4/2024.
Transaction Overview
Company Name
Announced On
6/4/2024
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors
Practica Capital (Lead Investor) (Donatas Keras)
TheVentureCity (Lead Investor)
Proceeds Purpose
The seed investment will fuel Spike's development of regulatory-compliant and safe Generative AI products and expansion to support a broader range of medical, wearables, and IoT sensor data aggregation from over 600 devices.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
242 West 53rd Street
New York, NY 10019
USA
New York, NY 10019
USA
Phone
Undisclosed
Website
Email Address
Overview
Spike is a B2B Generative AI and Data tech startup for the Digital Health industry. It provides health and fitness data interpretation-as-a-service on top of user-generated data from Wearables and IoT devices.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Povilas Gudzius
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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.
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