Tech Company Financing Transactions

Gradient AI Funding Round

Gradient AI, operating out of Cambridge, secured $6 million from Forté Ventures-, Sandbox Industries and MassMutual Ventures.

Transaction Overview

Company Name
Announced On
10/7/2019
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors

Forté Ventures- (Lead Investor) (Thomas Hawkins)

Sandbox Industries (Lead Investor) (Chris Zock)

MassMutual Ventures (Eric Emmons)

Proceeds Purpose
Funding to Meet Demand and Drive Further Growth of Its Artificial Intelligence and Machine Learning Solutions

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
150 Cambridgepark Dr. 103
Cambridge, MA 02140
USA
Email Address
Overview
Gradient AI was founded in order to address the need for state-of-the-art Artificial Intelligence (AI) and Machine Learning (ML) solutions designed specifically for the trillion-dollar insurance industry. AI has emerged as a disruptive force revolutionizing the way insurance professionals achieve their objectives, and Gradient is leading that charge.
Profile
Gradient AI LinkedIn Company Profile
Social Media
Gradient AI Company Twitter Account
Company News
Gradient AI News
Facebook
Gradient AI on Facebook
YouTube
Gradient AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Stan Smith
  Stan Smith LinkedIn Profile  Stan Smith Twitter Account  Stan Smith News  Stan Smith on Facebook
VP - Sales
Aaron Shapiro
  Aaron Shapiro LinkedIn Profile  Aaron Shapiro Twitter Account  Aaron Shapiro News  Aaron Shapiro on Facebook


 

 

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About Our Venture Capital Transactions Database

We report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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