Sema4.ai, a San Francisco, CA-based startup that makes artificial intelligence tools for businesses, secured $30.5 million in funding.
The company also announced that it has acquired open-source automation innovator Robocorp.
SaaS Investors
The investment was from investors, including Benchmark, Mayfield, and Canvas Ventures.
Founded in 1995, Benchmark is a venture capital firm based in San Francisco, California. The firm prefers to invest in the software, communication, consumer service, and financial services sectors.
Mayfield is an early-stage venture capital firm with a people-first philosophy and $3 billion under management. Mayfield has invested in more than 550 companies, resulting in 120 IPOs and more than 225 acquisitions.
Founded in 2013, Canvas Ventures is a venture capital firm based in Portola Valley, California. The firm seeks to invest in series A and B startups operating in sectors such as artificial intelligence, data, fintech, marketplace, digital health, and modern enterprise.
Sema4.ai Plans
With the acquisition, Sema4.ai plans to build intelligent agents that connect context to action, providing a comprehensive solution for enterprise workflows.
About Sema4.ai
Sema4.ai is an AI company building software that helps enterprises automate repetitive manual work using large language models. Sema4.ai's platform supports complex decision-making for knowledge workers, enabling meaningful collaboration between humans and AI. The company is on a mission to define the future of knowledge work by building intelligent agents that transform how knowledge workers collaborate with AI.
Funding Details
Company: Sema4.ai
Raised: $30.5M
Round: Unknown
Funding Month: January 2024
Investors: Benchmark, Mayfield, and Canvas Ventures
Company Website: https://sema4.ai/
Software Category: AI Agents
Source: https://www.prnewswire.com/news-releases/sema4-ai-raises-30-5-million-to-bring-open-source-powered-ai-to-mission-critical-enterprise-work-302047158.html