Perigon, an Austin, Texas-based company that provides real-time AI-powered contextual intelligence, has closed a successful $5 million seed financing.  

SaaS Investors 

The round was led by LiveOak Ventures.  

Founded in 2013, LiveOak Ventures is a venture capital firm based in Austin, Texas. The firm seeks to invest in the technology and technology-enabled services sectors in Texas. It also provides assistance in all aspects of company-building. With nearly $500M under management led/co-led over 60 high-growth investments in Texas-based leaders.    

Perigon Use of Funds 

The company will use the funding to fuel its growth and mission to advance AI's understanding of the world, leveraging the power of the open web.  

About Perigon 

Founded in 2022 by Joshua Dziabiak and Josh Rickel, Perigon aims to transform the chaotic web into an organized system, enabling AI to interpret real-time global events. With its cutting-edge technology, Perigon gathers and connects over 20 million daily data pieces from 130,000+ sources, providing quick, up-to-the-minute insights across various topics. Perigo serves over 70 clients, including government entities, startups, consumer products, and financial institutions. Headquartered in Austin, Texas, Perigon is on a mission to empower both consumer and business applications with critical insights, driving informed decisions at scale across global, national, and local levels.  

Funding Details                 

Company: Perigon, Inc.  

Raised: $5.0M                     

Round: Seed Round  

Funding Month: February 2024                                                

Lead Investors: LiveOak Ventures  

Additional Investors:   

Company Website: https://www.goperigon.com/   

Software Category: AI-powered Contextual Intelligence  

Source: https://www.businesswire.com/news/home/20240208502672/en/