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