Predictive Ai Startup Kumo Raises $18 Million In Series B Funding Led By Sequoia Capital; Will Broadly Roll Out First Version Of Its Product On October 16
Amount Raised
$18 Million
Round Type
Series B
Mountain ViewInformation TechnologySoftwareMedia And EntertainmentData And AnalyticsMobileCommerce And ShoppingAppsSales And MarketingPlatformsInvestors
Description
Kumo, a graph machine learning-centered AI platform that allows anyone in an organization to harness the power of data to make faster, simpler, and smarter predictions, today announced it has raised $18 million in Series B funding led by Sequoia Capital and on October 16, anyone can sign up for Kumo’s first release of the product via Kumo’s website. This latest round also includes participation and/or advisorship from existing and new investors including A Capital, SV Angel, Ron Conway, Michael Ovitz, Frank Slootman, Kevin Hartz, Clement Delangue, and Michael Stoppelman, among others. Kumo will use the new funding to continue its hiring efforts, bring its leading AI technology to more companies, and invest in R&D efforts to expand its platform and services. On October 16, anyone can sign up for Kumo’s first release of the product via Kumo’s website.
Quick answer
Kumo AI raised $18 Million in a Series B round, dated September 27, 2022. Investors: SV Angel. Kumo AI is based in Mountain View, California, United States.
- How much did Kumo AI raise?
- Kumo AI raised $18 Million in a Series B round on September 27, 2022.
- Who invested in Kumo AI?
- SV Angel is named as investors in this round.
- What does Kumo AI do?
- Kumo AI specializes in developing predictive models designed to optimize and automate various business processes.
- Where is Kumo AI based and how big is it?
- Kumo AI is based in Mountain View, California, United States. Fundz records about 75 employees.
- Who are the decision-makers at Kumo AI?
- Fundz holds 1 contact at Kumo AI, including the Co-Founder and Chief Scientist. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Media And Entertainment and Data And Analytics around the same time
Companies in the same sectors as Kumo AI that raised within 45 days of this round, from Fundz verified event records.
- Purlin raised an undisclosed amount (Seed) on November 11, 2022.
- Parler raised $16M (Series B) on September 16, 2022.
- Triple Whale raised $25M on October 14, 2022.
- Wazoku raised $9.1M (Funding Round) on September 28, 2022.
- CarpeDM raised $1M (Pre-Seed) on September 28, 2022.
- Wazoku raised $9.1M (Series B) on September 28, 2022.
Who to call at Kumo AI, and when
A new round usually means Kumo AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Kumo AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Kumo AI, from your own LinkedIn network
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Funding Insights
What this usually meansKumo AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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