Tailbox Raises $1.5 Million in Seed Round

by Kay Aloha Villamor in September 18th, 2023

Tailbox, a Cambridge, Massachusetts-based startup whose core objective is to optimize travel planning by harnessing the power of generative artificial intelligence, has raised $1.5 million in seed funding.

SaaS Investors

The investment was from Link Ventures. 

Founded in 2006, Link Ventures is a venture capital firm based in Cambridge, Massachusetts invests in early-stage technology companies solving the needs of corporations and consumers through the power of data science, machine learning, and AI. Link manages over $500M in AUM targeting industries such as financial services, digital healthcare, e-commerce, payments, media, and cybersecurity.

Tailbox Use of Funds

The funding will be used to further develop the platform and expand its capabilities.

About Tailbox

Founded by Bayazid Malikov and Eduardo Schuch at the Massachusetts Institute of Technology (MIT), Tailbox is developing an AI-powered platform for personalized tours that accommodate individual interests, such as history, food, architecture, or folklore. Its location-based social platform for explorers focuses on uncovering hidden gems and unique narratives in every city through immersive storytelling and personalized experiences.

Funding Details

Company: Tailbox.Inc.

Raised: $1.5M

Round: Seed Round

Funding Month: September 2023

Lead Investors: Link Ventures

Additional Investors:

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

Software Category: AI Travel

Source: https://www.benzinga.com/pressreleases/23/09/34557323/bayazid-malikov-and-eduardo-schuchs-tailbox-raises-1-5m-to-revolutionize-travel-exploration


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