AI Squared Raises $13.8 Million in Series A

by Kay Aloha Villamor in April 18th, 2024

AI Squared, a Washington, DC-based company specializing in integrating data and AI insights into business applications, has raised $13.8 million in Series A funding. 


The round was led by Ansa Capital, with participation from Latimer Ventures, and existing investors NEA and Ridgeline. 

Founded in 2021, Ansa Capital is a venture capital firm based in New York, New York, that makes investments in Series A-C companies. The firm invests in companies in enterprise software, fintech, digital health, consumer internet, cybersecurity, gaming, consumer subscriptions, developer tools, AI infrastructure, hardware, climate technologies, digital health, and therapeutics sectors. 

Notably, Allan Jean-Baptiste, co-founder and General Partner of Ansa Capital will join AI Squared's board, along with Roger W. Ferguson Jr., former Vice Chairman of the Federal Reserve and board member of Alphabet Inc., who has also invested in the company. 

AI Squared Use of Funds 

The company intends to utilize the funding to expand its team and further develop its platform. 

About AI Squared 

Founded in 2019 and led by founder and CEO Benjamin Harvey, Ph.D., AI Squared is a company that helps organizations deliver data and AI insights into their business applications. By leveraging AI Squared's platform, users can connect machine-learning models and other advanced analytics to business applications directly and in an app-agnostic way. The company's solution is being rolled out across the finance, manufacturing, and health sectors — including Fortune 500 enterprises — as well as government organizations. 

Funding Details 

Company: AI Squared, Inc. 

Raised: $13.8M 

Round: Series A 

Funding Month: April 2024 

Lead Investors: Ansa Capital 

Additional Investors: Latimer Ventures, NEA, Ridgeline 

Company Website: 

Software Category: AI Integration Platform 



Your cart