Tech Company Financing Transactions
Profound Funding Round
Profound, based in New York, secured $3.5 million from private investors, Saga Ventures and South Park Commons.
Transaction Overview
Company Name
Announced On
8/13/2024
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors
private investors (Balaji Srinivasan)
private investors (Keith Rabois)
private investors (Scott Belsky)
Proceeds Purpose
Profound plans to use the money to hire and to continue building out the tech.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
36 Cooper Square, 6th Floor
New York, NY 10003
USA
New York, NY 10003
USA
Phone
Undisclosed
Website
Email Address
Overview
Hundreds of millions of consumers are now using AI Search like ChatGPT or Perplexity to discover brands and products. Profound has developed the first analytics platform to help enterprise brands understand and improve how they show up in AI Search.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Dylan Babbs
Co-Founder
James Cadwallader
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