Crux, an India-based startup specializing in AI-powered decision-making platform for enterprises, raised $2.6 million in seed funding.
SaaS Investors
The round was led by Emergent Ventures, with participation from Y Combinator, Neon Fund, First Cheque, and other investors.
Founded in 2016, Emergent Ventures is a venture capital investment firm based in San Mateo, California. The firm prefers investing in companies operating in the software and smart mobility sectors.
Crux Use of Funds
With the newly secured funding, Crux plans to expand its focus on acquiring new enterprise clients and further refining its AI-powered decision-making engine for enterprises.
About Crux
Founded in 2022 by Himank Jain, Atharva Padhye, and Prabhat Singh, Crux specializes in helping B2B SaaS teams expedite the development of embedded AI copilots. Crux aims to create embedded AI copilots that facilitate seamless conversational interactions with business data. The AI copilots are designed to be highly context-aware, considering specific business preferences, KPIs, and macro-trends, to rapidly translate user intent into actionable insights. The company's mission is to empower businesses to make informed decisions in real time, utilizing the power of AI and natural language processing.
Funding Details
Company: Crux Technologies, Inc.
Raised: $2.6M
Round: Seed Round
Funding Month: February 2024
Lead Investors: Emergent Ventures
Additional Investors: Y Combinator, Neon Fund, First Cheque
Company Website: https://www.getcrux.ai/
Software Category: AI Decision Making
Source: https://bnnbreaking.com/tech/crux-raises-26m-seed-funding-for-ai-powered-decision-making-platform