Quench.ai, a California and London-based AI startup, secured $5 million in pre-seed investment to launch its learning coach platform, aiming to revolutionize the learning and development industry, which is valued at an estimated $1 trillion.
The round was led by prominent venture capital firms and angel investors. Notable investors include firstminute capital, Tuesday VC (formerly CrunchFund), BY Venture Partners, Plug and Play Ventures, Notion Capital, IFG, Antler, Ventures Together, Northzone scout, and over fifty founders.
The funding will enable Quench.ai to expand its current team of 16 people to support product and tech development, as well as customer sales and support.
Leveraging recent advancements in conversational AI, Quench.ai has developed a product that aims to make learning new skills easily accessible for busy professionals across various sectors.
Husayn Kassai, Founder and CEO of Quench.ai, says “Quench is a new learning experience specifically designed for our new learning needs, helping busy professionals discover the most relevant minutes from the world’s largest indexed educational video content library.”
Quench.ai has a vast library of indexed educational videos, including public and licensed course content. Furthermore, the platform enables companies to index their internal video resources, effectively transforming their knowledge into actionable assets.
Company: Quench.AI Limited
Raised: $5.0M
Round: Pre-Seed Round
Funding Month: July 2023
Lead Investors: firstminute capital, Tuesday VC (formerly CrunchFund), BY Venture Partners, Plug and Play Ventures, Notion Capital, IFG, Antler, Ventures Together, Northzone scout, and over fifty founders
Additional Investors:
Company Website: https://quench.ai/
Software Category: AI-Learning Coach
About the Company: Founded by Husayn Kassai, Quench.ai is an AI-powered educational service company that provides online learning platform. Quench.ai leverages conversational AI to help busy professionals discover the most relevant content from the world’s largest indexed educational video content library. The company's platform offers educational videos, AI-enhanced learning experiences, and one-on-one sessions with these experts, enabling students to learn faster, improve skills, and make a bigger impact in the field.
Source: https://quench.ai/quench-ai-raises-5-million-in-pre-seed-funding/