Ask-AI Raises $11 Million in Series A

by Kay Aloha Villamor in January 11th, 2024

Ask-AI, a Toronto, Canada-based enterprise generative AI answers and insights solution, has announced the launch of its new Generative AI Sidekick, along with $11 million in Series A funding.   

SaaS Investors  

The funding round was led by Leaders Fund, with participation from seed investors Vertex Ventures, State of Mind Ventures, GTMFund, and others.  

Founded in 2016, Leaders Fund is a venture capital investment firm based in Toronto, Ontario. The firm seeks to invest in early-stage software as a service company.  

Ask-AI Use of Funds  

The company will use the new funding to expand the company's team and accelerate growth.  

About Ask-AI  

Founded by Alon Talmor, Ask-AI is a comprehensive generative AI solution designed from scratch to enhance efficiency in repetitive tasks, knowledge management, and understanding the voice of the customer, connects to over 50 enterprise work systems such as Salesforce, Zendesk, Confluence, Jira, Slack, Google Drive, and Teams. Currently a team of 40 people across Tel Aviv and Toronto.  

Funding Details                    

Company: ASK AI TECHNOLOGIES LTD.   

Raised: $11.0M    

Round: Series A  

Funding Month: January 2024                           

Lead Investors: Leaders Fund  

Additional Investors: Vertex Ventures, State of Mind Ventures, GTMFund  

Company Website: https://www.ask-ai.com/   

Software Category: Generative AI Answers and Insights Solution  

Source: https://www.prnewswire.com/news-releases/ask-ai-secures-11m-for-generative-ai-assistant-that-brings-siloed-data-into-enterprise-workflows-302031307.html 

 


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