Jaid, a London, UK, and New York-based technology firm providing AI-powered human communication solutions, announced that it completed a £3 million funding round led by Sure Valley Ventures.
With the new funding, Jaid plans to expand its industry-leading machine learning team, build out business development efforts across America and Europe and expand into Asia.
Dan Kramer, CEO of Jaid, said: “We are honored to have the support of Sure Valley Ventures with their deep experience in the market as we continue to grow and scale our business. This funding gives us the fuel to build on the great work we have done so far, and we are excited about the opportunities it will enable us to pursue. We are committed to delivering innovative solutions that help our clients harness the power of AI so their teams can focus on what matters most.”
However, this funding will allow the exploration of new verticals, such as healthcare, with an estimated total addressable market of £15 billion*. Jaid’s focus to date has been on the financial services industry, with a strong roster of clients including, ClearBank, Syndio, Calastone, and Legal & General.
Company: Opsmatix Systems Limited
Raised: £3.0M
Round: Unknown
Funding Month: December 2022
Lead Investors: Sure Valley Ventures
Additional Investors:
Company Website: https://jaid.io/
Software Category: AI-powered Human Communication Solutions
About the Company: Jaid is a modern, AI-powered automation platform that extracts critical data from all company and customer communications across all channels. It analyzes and organizes the data into meaningful, actionable insights and seamlessly integrates with existing systems and workflows. The company has offices in London and New York supports a rapidly expanding roster of financial services clients, including ClearBank, Syndio, Calastone, and Legal & General, and has established a strong partner network. Its mission is to transform communications management so profoundly that Jaid clients become market leaders and employers of choice.
Source: https://jaid.io/news/jaid-raises-3-million-to-accelerate-deployment-of-its-ai-as-a-service-solutions/