Tech Company Financing Transactions
Palona AI Funding Round
Fusion Fund, private investors and UpHonest Capital participated in a $10 million Seed capital raise for Palona AI. The round closed on 1/23/2025.
Transaction Overview
Company Name
Announced On
1/23/2025
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
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
We have pioneered Generative AI technology to help businesses grow by giving them AI that breathes life into their brands. Palona will replace the shopping 'doomscroll' with a delightfully friendly and individualized experience that builds relationships," said Maria Zhang, CEO and co-founder of Palona. "Building relationships with customers requires a precise mix of human skills that even the best salespeople train for years to achieve. We captured that skillset and turned it into models and actions our AI Agents can consistently perform.
Management Team
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