Tech Company Financing Transactions
Automat Funding Round
Automat, based in Montreal QC, secured $3.8 million in funding from Initialized Capital, Khosla Ventures and Y Combinator.
Transaction Overview
Company Name
Announced On
9/7/2023
Transaction Type
Venture Equity
Amount
$3,750,000
Round
Seed
Investors
Proceeds Purpose
This capability is especially beneficial for businesses lacking accessible APIs for their operational needs, from handling a large volume of medical claims in insurance to verifying trade licenses in FinTech.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
3575 St Laurent Blvd.
Montreal QC, H2X 2T6
Canada
Montreal QC, H2X 2T6
Canada
Phone
Undisclosed
Website
Email Address
Overview
Automat is helping companies use AI to talk to their customers, understand them, and serve them better. We're the first Conversational Marketing platform powered by artificial intelligence and we believe in a world where every company can have a personalized one-on-one conversation with every customer.
Management Team
Title
Name
Email & Social
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About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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