Hum Capital, an NYC-based AI-powered funding platform, raised $9 million in Series A funding. The round was led by Future Ventures, with participation from Webb Investment Network, Wavemaker Partners, and Partech.
The company intends to use the funds to scale its go-to-market operations and onboard new institutional investors onto its Intelligent Capital Market (ICM) platform to expand access to a diverse range of non-dilutive financing products.
Company: Capital Technologies Solutions, Inc.
Raised: $9.0M
Round: Series A
Funding Month: August 2021
Lead Investors: Future Ventures
Additional Investors: Webb Investment Network, Wavemaker Partners and Partech
Company Website: https://www.humcapital.com/
Software Category: AI-powered funding platform
About the Company: Hum Capital is the funding platform that connects great companies with the right capital. Hum offers companies raising to $50 million the most efficient, transparent path to growth. Investors on Hum's platform gain investment insights and a personalized deal flow built on company data they can trust. With the ICM, Hum’s machine learning models ingest, organize, label, and analyze real-time company financial data from connections to over 100 SaaS systems of record like Quickbooks, Netsuite, and Google Analytics. The ICM then delivers advanced analytics, simulations, and competitive benchmarks that help companies understand their value before matching them with suitable investors based on their fundraising goals and business performance.
Source: https://www.finsmes.com/2021/08/hum-capital-raises-9m-in-series-a-funding.html