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Dust raised $16 million in a Series A funding led by Sequoia Capital to develop enterprise AI assistants connected to internal data.

PRIVATEJun 27, 2024

Amount Raised

$16 Million

Round Type

Series A

ParisSoftwareArtificial IntelligenceMachine Learning

Investors

Sequoia Capital

Description

French startup Dust has secured a $16 million Series A funding round led by Sequoia Capital to further develop its enterprise AI assistants. Dust enables companies to create custom AI assistants connected to internal data, empowering employees to work more efficiently.

Quick answer

Dust raised $16 Million in a Series A round, dated June 27, 2024. Investors: Sequoia Capital. Dust is based in Paris, Ile-de-France, France.

How much did Dust raise?
Dust raised $16 Million in a Series A round on June 27, 2024.
Who invested in Dust?
Sequoia Capital is named as investors in this round.
What does Dust do?
Dust is a French startup that focuses on building custom AI assistants connected to a company’s internal data and documents.
Where is Dust based and how big is it?
Dust is based in Paris, Ile-de-France, France. Fundz records about 170 employees.
Who are the decision-makers at Dust?
Fundz holds 2 contacts at Dust, including the Chief of Staff. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as Dust that raised within 45 days of this round, from Fundz verified event records.

  • Bendi Software raised $1M (Seed) on August 9, 2024.
  • Contextual AI raised $80M (Series A) on August 9, 2024.
  • Seek AI raised $2M (Seed) on August 8, 2024.
  • DemoSquare raised $1.4M (Funding Round) on August 7, 2024.
  • Hyperbots raised $2M (Seed) on August 6, 2024.
  • KNIME raised $30M (Funding Round) on August 6, 2024.

Who to call at Dust, and when

A new round usually means Dust is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Dust raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Dust, from your own LinkedIn network

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Company Information

Company

Dust

Location

Paris, Ile-de-France, France

About

Dust is a French startup that focuses on building custom AI assistants connected to a company’s internal data and documents. They believe in having several AI assistants for different teams and use cases, enabling employees to work more efficiently. The company offers an API for creating custom connectors or integrating Dust assistants with other tools.

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Fundz sees it the moment Dust raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsAmbra, Chief of Staff hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Dust raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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