Evolv AI Raises $13.3M to Fuel Enhanced Generative AI Capabilities
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Giovedì, Novembre 9, 2023
SAN FRANCISCO, Nov. 9, 2023 /PRNewswire/ -- Evolv AI, the maker of the world's leading intelligent digital experience optimization and personalization platform, today announced the closing and conversion of their previously issued convertible notes and a new equity round, for a total of $13.3 million in new funding. Led by Horizons Ventures, the round brings their total funding to date to $23.3M. New and existing investors like Horizons Ventures, NJF Capital, Engage VC, Major Group Asia, and others participated in the round.
Key Points:
- "This new investment will allow Evolv AI to grow its go-to-market capabilities, reach more customers, and accelerate the development of the company's groundbreaking AI platform," said Michael Scharff, co-founder of Evolv AI.
- "This news comes after Evolv AI added market-leading generative AI capabilities to its product, allowing customers to use the power of AI all within one platform."
- Brands like Verizon, Lululemon, and DirectTV have partnered with Evolv AI to support their AI initiatives.
- All of the generative AI features launched this summer are now available to Evolv AI customers who value experimentation and testing as integral to building exceptional digital experiences and seek to capitalize on the massive opportunity that AI provides.