Levity, a Berlin, Germany-based no-code AI workflow automation platform, raised $8.3 million in seed funding.
The round was co-led by Balderton Capital and Chalfen Ventures as well as world-class founders and operators, such as Scott Belsky, Des Traynor, and Kevin Gidney, with participation from Angular Ventures, System.One, and Discovery Ventures.
The funds will allow the company to expand the team and accelerate product development.
Gero Keil, co-founder and CEO of Levity, said, “There are swathes of businesses being completely left out and underserved when it comes to AI and automation, as large firms and tech teams continue to build tools that are out of reach of everyday people. Businesses and their customers deserve the same opportunities to reap the benefits of AI and automation as their bigger rivals. With Levity, we’re committed to opening up such opportunities and leveling the playing field for companies of all sizes.”
Since this launch in August, Levity’s platform has completed more than 3.2 million predictions across its user base.
Instead of retrofitting tools, Levity integrates with a wide range of tools, such as Gmail, Outlook, Google Drive, Dropbox, Airtable, and many more, which enables customers to plug AI Blocks directly into their workflows.
The company’s customers range from fashion and real estate to shipping, marketing, social media, scientific research, and more.
Company: Levity AI GmbH
Raised: $8.3M
Round: Seed Round
Funding Month: October 2022
Lead Investors: Balderton Capital and Chalfen Ventures
Additional Investors: Scott Belsky, Des Traynor, Kevin Gidney, Angular Ventures, System.One and Discovery Ventures
Company Website: https://levity.ai/
Software Category: no-code AI workflow automation platform
About the Company: Founded by Gero Keil and Thilo Hüllmann, Levity is a no-code AI automation platform that empowers companies to speed up processes, reduce costs, and free people from mundane, time-consuming tasks. Levity automates any process with images, documents, and text. The platform combines natural language processing (NLP) and computer vision in a single platform to automate many processes, including signing up, creating an AI Block, and receiving the first predictions in as little as five minutes. The company is on a mission to level the playing field for businesses of all sizes by making it easier for companies to process unstructured data that only AI can truly automate.
Source: https://techfundingnews.com/levity-scoops-up-8-3m-to-help-businesses-with-workflow-through-ai/