Tech Company Financing Transactions
Yurts Funding Round
Nava Ventures, Bloomberg Beta and Essence Ventures participated in a $16 million Series A funding round for Yurts. This venture round was recorded on 9/19/2023.
Transaction Overview
Company Name
Announced On
9/19/2023
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to continue to build its secure AI platform and expand its technology team.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
127 Kinross Drive
San Rafael, CA 94901
USA
San Rafael, CA 94901
USA
Phone
Undisclosed
Website
Email Address
Overview
Yurts is on a mission to help connect people to their best work. By leveraging Large Language Models (LLMs) and the practical power of GenAI applications, we are transforming knowledge management and enterprise workflows at scale -- and securely.AI will transcend knowledge work. Beyond locating, processing and communicating information, the application of AI exists within (and beyond) our imagination. We believe we can realize and harness that potential by making AI practical for the enterprise.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ben Roo
Chief Technical Officer
Jason Schnitzer
Co-Founder
Matt Thomson
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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