Eniac Ventures

OHAI.AI LAUNCHES AI VIRTUAL ASSISTANT TO REVOLUTIONIZE HOME AND PERSONAL ORGANIZATION IN SUPPORT OF CHIEF HOUSEHOLD OFFICERS

Retrieved on: 
Monday, January 22, 2024

NEW YORK, Jan. 22, 2024 /PRNewswire/ -- Ohai.ai, a platform leveraging AI to revolutionize caregiving and improve the lives of families, launches today led by Sheila Lirio Marcelo, Founder and former CEO of Care.com. Ohai.ai has raised $6 million in a seed financing round co-led by Eniac Ventures and LifeX Ventures.

Key Points: 
  • Ohai.ai's AI virtual assistant, O, aims to revolutionize home and personal organization, alleviating the mental load of Chief Household Officers.
  • "Balancing family and career has been an ongoing challenge in my life," said Lirio Marcelo, Co-founder and CEO of Ohai.ai.
  • Based on feedback from numerous Chief Household Officers, Ohai is priced affordably at under $30 per month.
  • O can help shoulder the cognitive load so you are no longer solely responsible for managing the family calendar and to-do list.

Tradespace Secures $4.2 Million in Funding to Unlock $1 Trillion In Unrealized IP Revenue with AI-powered IP Management Platform

Retrieved on: 
Wednesday, November 15, 2023

today revealed the future of intellectual property (IP) with the release of its AI-powered IP Management Platform , created to unlock the $1 Trillion in latent IP value.

Key Points: 
  • today revealed the future of intellectual property (IP) with the release of its AI-powered IP Management Platform , created to unlock the $1 Trillion in latent IP value.
  • “IP has long been one of our economy’s most valuable assets, but it’s also been one of the most underutilized,” said Alec Sorensen, founder and CEO of Tradespace.
  • With Tradespace, finding and accessing the IP underpinning those technologies and driving innovation across the economy is finally possible.
  • With Tradespace, IP leaders can confidently deliver on their mission to create lasting value for the business.

Cyber Security and Insurance Platform Upfort Raises $8 Million in Series A Funding

Retrieved on: 
Thursday, October 26, 2023

Upfort , a cutting-edge cyber security and insurance platform, today announced it has raised $8 million in a Series A funding round led by SYN Ventures , with participation of Eniac Ventures and Fika Ventures , which co-led Upfort’s seed round.

Key Points: 
  • Upfort , a cutting-edge cyber security and insurance platform, today announced it has raised $8 million in a Series A funding round led by SYN Ventures , with participation of Eniac Ventures and Fika Ventures , which co-led Upfort’s seed round.
  • Upfort revolutionizes how cyber risk is assessed and managed, empowering insurers and brokers to dramatically reduce their clients’ exposure to cyber attacks.
  • Upfort allows organizations to fully address their cyber security needs–from risk management tools to insurance policies–through one easy-to-use platform.
  • Last month, Upfort announced its transition from Paladin Cyber to Upfort, reflecting the company’s expanded capabilities as a one-stop shop for businesses’ cyber security and insurance needs.

Ghost Raises $30 Million to Help Brands and Retailers Move Surplus Inventory

Retrieved on: 
Monday, August 21, 2023

LOS ANGELES, Aug. 21, 2023 /PRNewswire/ -- Ghost, a members-only B2B marketplace for surplus inventory, today announced it has raised $30 million in Series B funding, bringing the total to $68 million to date. Venture capital firm Cathay Innovation led the round with participation from existing investors Union Square Ventures, Equal Ventures and Eniac Ventures. The company will use the funds to hire for several roles in product, engineering and design while developing its platform further to meet rising demand.

Key Points: 
  • Since coming out of stealth with a $20M Series A in July of 2022, Ghost has been on a rapid growth trajectory.
  • Ghost now counts over 1,000 members on its platform, including some of the world's best brands and global retailers in categories such as apparel, footwear, beauty and home goods.
  • Surplus inventory continues to be one of the most significant pain points for retailers and brands who have historically suffered from limited, inefficient and archaic liquidation options.
  • Launched in 2021, Ghost offers a members-only B2B marketplace where brand sellers can discreetly and efficiently monetize their surplus inventory to vetted buyers.

BULL CITY SUMMIT (BCS) ANNOUNCES WORLD-CLASS 2023 PROGRAM OF KEYNOTES, SPEAKERS, PANEL SCHEDULE AND MORE

Retrieved on: 
Thursday, July 20, 2023

DURHAM, N.C., July 20, 2023 /PRNewswire/ -- Bull City Summit (BCS) today announces its initial conference program including keynotes, speakers, panel schedule, concerts and more for the second edition of its new U.S. showcase festival and business conference celebrating innovation in music, the arts, science and technology. Following a successful 2022 pilot event, BCS returns to Durham, North Carolina this Fall from September 18 - 24, with an expanded week of programming, art exhibitions, brand activations and community events in tandem with the live music and panelists previously announced in the Spring.

Key Points: 
  • BCS's second music keynote will be Donnie Estopinal, Founder & CEO of acclaimed electronic music promoter Disco Donnie Presents.
  • Yusko will speak on the current state of Cryptocurrencies, Blockchain, Web3 and what he describes as an imminent "new crypto bull market" for late 2023.
  • BCS keynotes are joined by 30+ additional speakers across topics such as entrepreneurship, LGBTQ and gender equality, climate change, and more.
  • We are thrilled to present inclusive, informative BCS panel programming that recognizes the juxtaposition of rapid, regional growth to marginalized communities."

Bito Launches With $3.2 Million Funding Round to Accelerate Personalized Software Development and Innovation With Artificial Intelligence Powered by ChatGPT

Retrieved on: 
Tuesday, June 13, 2023

Bito is the first technology solution to provide customized results from code generation to testing to code documentation to code search, learning from a user’s own codebase.

Key Points: 
  • Bito is the first technology solution to provide customized results from code generation to testing to code documentation to code search, learning from a user’s own codebase.
  • Bito’s CEO, Amar Goel, is the former CEO and founder of PubMatic, the leading Nasdaq-traded cloud infrastructure platform enabling real-time programmatic advertising transactions.
  • Bito AI is a general-purpose AI assistant that can answer any developer question, generate source code from natural language prompts, and give feedback on existing code.
  • Bito’s users tend to use the platform nearly 200 times per month, and in surveys report that Bito makes them 31% more productive.

First-of-Its-Kind Dental Marketplace, Wellplaece, Launches With $5.5M Seed Round

Retrieved on: 
Tuesday, May 30, 2023

SAN FRANCISCO, May 30, 2023 /PRNewswire/ -- Today, Wellplaece founders announced the company's Private Beta launch in addition to a $5.5M seed round which includes funding from a pre-seed round. The funding was led by Eniac Ventures and Bee Partners, along with participation from Erik Anderson, Co-founder CEO WestRiver Group; Haroon Mokhtarzada, CEO & Co-founder of TrueBill and RocketMoney; Andy Oreffice, former CCO of Affordable Healthcare; and entrepreneur Francis Hellyer. Wellplaece is the first and only platform for dental offices to source the right products at the best prices. Co-founded by Caen Contee, serial entrepreneur and founding team member of global micromobility startup Lime; and CTO, lead software engineer Ivan Bertona, Wellplaece has already achieved significant growth, proven consistent customer savings, and is scaling up to meet industry demand with the launch of their automated, multi-vendor supply product purchasing platform.

Key Points: 
  • SAN FRANCISCO, May 30, 2023 /PRNewswire/ -- Today, Wellplaece founders announced the company's Private Beta launch in addition to a $5.5M seed round which includes funding from a pre-seed round.
  • Wellplaece is the first and only platform for dental offices to source the right products at the best prices.
  • Currently, ordering supplies, and any kind of comparison shopping for the best dental products is a fragmented process.
  • Based on Wellplaece's internal research, dental practice offices rely on at least three and up to seven different suppliers on average.

Health Data Cloud Leader 1upHealth Raises $40 Million Series C led by Sixth Street Growth

Retrieved on: 
Wednesday, April 12, 2023

1upHealth today announced the close of a $40M Series C investment led by Sixth Street Growth with participation from existing investors F-Prime Capital, Jackson Square Ventures, and Eniac Ventures.

Key Points: 
  • 1upHealth today announced the close of a $40M Series C investment led by Sixth Street Growth with participation from existing investors F-Prime Capital, Jackson Square Ventures, and Eniac Ventures.
  • 1upHealth will use this latest investment to expand product development and customer growth teams and accelerate efforts to lead the digital transformation of the healthcare industry in the cloud.
  • They are more and more motivated by the power of what data and interoperability can do for their business,” said Joe Gagnon, CEO of 1upHealth.
  • “With proposed federal regulations requiring enhanced health information exchange capabilities, 1upHealth is well-positioned to respond to these market forces while helping healthcare organizations enhance the utility of their data using modern database technology.”

Attention raises $3.1M, unveiling their AI sales assistant

Retrieved on: 
Wednesday, January 11, 2023

Attention , the AI-powered sales assistant helping teams overcome inefficiencies at every stage of the sales cycle, announced their $3.1M funding round led by Eniac Ventures, with participation from Frst, Liquid2 Ventures, Maschmeyer Group Ventures, Ride Ventures, and the founders of Ramp, Level AI, Truework, CBInsights, Zoi, among others.

Key Points: 
  • Attention , the AI-powered sales assistant helping teams overcome inefficiencies at every stage of the sales cycle, announced their $3.1M funding round led by Eniac Ventures, with participation from Frst, Liquid2 Ventures, Maschmeyer Group Ventures, Ride Ventures, and the founders of Ramp, Level AI, Truework, CBInsights, Zoi, among others.
  • Founders Anis Bennaceur and Matthias Wickenburg started competing tech startups before deciding to join forces and create Attention together in September 2021.
  • Since its inception, Attention has helped several sales teams optimize their CRM hygiene, accelerate sales cycles, and boost revenue.
  • Attention provides a fully-integrated AI-powered sales assistant that solves all these issues and more.

Attention raises $3.1M, unveiling their AI sales assistant

Retrieved on: 
Tuesday, January 10, 2023

Attention , the AI-powered sales assistant helping teams overcome inefficiencies at every stage of the sales cycle, announced their $3.1M funding round led by Eniac Ventures, with participation from Frst, Liquid2 Ventures, Maschmeyer Group Ventures, Ride Ventures, and the founders of Ramp, Level AI, Truework, CBInsights, Zoi, among others.

Key Points: 
  • Attention , the AI-powered sales assistant helping teams overcome inefficiencies at every stage of the sales cycle, announced their $3.1M funding round led by Eniac Ventures, with participation from Frst, Liquid2 Ventures, Maschmeyer Group Ventures, Ride Ventures, and the founders of Ramp, Level AI, Truework, CBInsights, Zoi, among others.
  • Since its inception, Attention has helped several sales teams optimize their CRM hygiene, accelerate sales cycles, and boost revenue.
  • Attention provides a fully-integrated AI-powered sales assistant that solves all these issues and more.
  • Attention also allows teams to ramp up new sales people efficiently and effectively, replicating top sellers' best practices across the entire team.