Tech Company Financing Transactions
Trustwise Funding Round
Trustwise, based in Austin, scored $4 million from Hitachi Ventures, Firestreak Ventures and Grit Ventures.
Transaction Overview
Company Name
Announced On
6/19/2024
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to speed up the development of cost and risk optimized generative AI prototypes for various industries, accelerate its go-to-market and partnership strategy, and further its research initiatives.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
11501 Century Oaks Terrace 3127
Austin, TX 78758
USA
Austin, TX 78758
USA
Phone
Undisclosed
Website
Email Address
Overview
At Trustwise, we are deeply committed to building an AI Trust layer that helps companies unlock Generative AI's full potential. Founded by five-time serial entrepreneur and the first general manager of IBM Watson, Trustwise is steered by a distinguished group of executives and machine learning experts in trustworthy AI from leading institutions such as the University of Cambridge, the Alan Turing Institute, and NYU.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Manoj Saxena
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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