Quantum Rise Secures $15 Million in Seed Round

by Kay Aloha Villamor in July 8th, 2024

Quantum Rise, a Chicago, IL-based AI-driven automation startup, has secured $15 million in seed funding.  


The investment was from Erie Street Growth Partners.   

Founded in 2018, Erie Street Growth Partners is a private equity firm based in Chicago, Illinois. The firm seeks to invest in the consulting, business services, strategic communications, and marketing services sectors. This firm is a Registered Investment Adviser (RIA).  

Quantum Rise Use of Funds  

The company will use the funding for its AI-driven automation platform.  

About Quantum Rise  

Founded by Alex Kelleher, Quantum Rise specializes in providing AI-driven automation solutions tailored for various enterprises, including dunnhumby. The company focuses on deploying AI to streamline workflows, provide tailored AI solutions, and accelerate business growth. Quantum Rise operates under a “Consulting 2.0” model, which merges human and machine intelligence to deliver comprehensive automation and AI integration services.  

Funding Details            

Company: Quantum Rise, Inc.    

Raised: $15.0M          

Round: Seed Round  

Funding Month: June 2024            

Investors: Erie Street Growth Partners  

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

Software Category: AI Automation  

Source: https://techcrunch.com/2024/07/05/quantum-rise-grabs-15m-seed-for-its-ai-driven-consulting-2-0-startup/  

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