Tech Company Financing Transactions
PlayAI Funding Round
PlayAI, based in Palo Alto, secured $21 million from 500 Global, Kindred Ventures and Pioneer Fund.
Transaction Overview
Company Name
Announced On
11/25/2024
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Seed
Investors
500 Global (Lead Investor)
Kindred Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to invest in its generative AI voice models, voice agent platform, and to shorten the time for businesses to build human-quality speech experiences.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Palo Alto, CA Undisclosed
USA
Palo Alto, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
PlayAI, a Palo Alto, CA-based provider of a voice AI platform.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Mahmoud Felfel
Founder
Hammad Syed
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