Hatz AI Raises $2.5 Million in Seed Round
Hatz AI, a New York-based company aiming to empower Managed Service Providers (MSPs) worldwide to build AI-as-a-Service businesses, launched with $2.5 million in seed funding.
Hatz AI, a New York-based company aiming to empower Managed Service Providers (MSPs) worldwide to build AI-as-a-Service businesses, launched with $2.5 million in seed funding.
SaaS Investors
The round was led by Vestigo Ventures, with participation from a prestigious group of investors including Alex Weiss from ClearSky, Matt Higgins from Shark Tank and RSE Ventures, Jim Brown from Long Ridge, Jon McNeill, founder of DVx Ventures and former president of Tesla and former COO of Lyft, Iqram Magdon-Ismail, musician and Co-founder of Venmo, and Aidan Kehoe, Nadia Partners.
Vestigo Ventures is an early-stage venture capital firm headquartered in Cambridge, Massachusetts. The firm focuses on investing in seed to series A companies operating in the financial services, software, and fintech sectors.
About Hatz AI
Hatz AI was co-founded by Jimmy Hatzell and Aidan Kehoe, helping MSPs build an AI-as-a-Service business with AI applications and agents, vector storage, and custom LLMs powered by an LLM Ops engine and managed through a multi-tenant platform. The company's platform features such as vector-based semantic search, and custom-branded generative chat with user control, logs, and other key features, allowing clients to build a system of record for their small businesses with custom LLMs and vector storage.
Hatz AI is launching its first generally available products in March of 2024. The first release will include both an AI Application Builder and Organizationally Managed AI Assistants.
Funding Details
Company: Hatz AI, Inc.
Raised: $2.5M
Round: Seed Round
Funding Month: January 2024
Lead Investors: Vestigo Ventures
Additional Investors: Alex Weiss, Matt Higgins, Jim Brown, Jon McNeill, Iqram Magdon-Ismail, and Aidan Kehoe
Company Website: https://www.hatz.ai/
Software Category: MSP AI Platform
