ON Secures $25 Million in Funding

by Kay Aloha Villamor in December 8th, 2023

ON (formerly GameOn Technology), a San Francisco, CA-based company has secured $25 million in a funding round, bringing its total funding to $80 million.  

SaaS Investors   

Notable participants in the round include Equiam, B3 Capital, Commonwealth Financial Network, and Mirae Asset Venture Investment, which previously co-led the company's Series B.  

ON Use of Funds  

The funds will be used to fuel the company's growth and expansion into new sectors, including e-commerce, consumer banking, healthcare, and publishing.

About ON  

Founded by Alex Beckman, Kalin Stanojev, and Nate Simmons, ON is an AI chat platform designed for enterprise-level use, known for seamlessly powering generative AI experiences. The company's platform is already utilized by major sports teams and luxury lifestyle brands. Established in 2014 and headquartered in San Francisco, Its ambition is to construct the world's premier vertical AI/SaaS platform to immediately empower leading global brands with the tools and expertise needed to monetize generative AI and operate it within secure guardrails.  

Funding Details            

Company: ON Platform, Inc.  

Raised: $25.0M               

Round: Unknown   

Funding Month: December 2023                

Investors: Equiam, B3 Capital, Commonwealth Financial Network, and Mirae Asset Venture Investment  

Company Website: https://onplatform.com/   

Software Category: Conversational AI   

Source: https://www.prnewswire.com/news-releases/gameon-technology-evolves-into-on-as-company-secures-25-million-in-fresh-strategic-funding-302006762.html  




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