Tektonic AI, a Seattle, WA-based company focused on developing Generative AI (GenAI) agents for automating enterprise processes, secured $10 million in funding.
Investors
The round was led by Madrona and Point72 Ventures.
Madrona is a seed, early-stage, and acceleration-stage investor and partner for founders. Investing for over 25 years in startups in the Pacific NW, now investing here and across the US in machine learning, AI, marketplaces, devops, biotech, and across the technology spectrum.
Founded in 2016, Point72 Ventures is an every-stage global VC fund based in New York, New York. The firm focuses on fintech, deep tech, and enterprise investments.
With the new funding, Sri Chandrasekar of Point72 Ventures will join Steve Singh of Madrona Ventures and Surpatanu on Tektonic's board.
Tektonic AI Use of Funds
The company will use the funds to scale more quickly.
About Tektonic AI
Founded by Nic Surpatanu and David Hsu, Tektonic AI provides GenAI agents for business operations designed to automate complex and dynamic tasks. With Tektonic, information workers use natural language to work with GenAI agents that synthesize data and simplify actions across applications and systems. Tektonic’s GenAI Agents empower sales and revenue teams to complete work and make decisions autonomously.
Funding Details
Company: Tektonic AI, Inc.
Raised: $10.0M
Round: Seed Round
Funding Month: June 2024
Lead Investors: Madrona, Point72 Ventures
Additional Investors:
Company Website: https://www.tektonic.ai/
Software Category: GenAI Agents
Source: https://www.businesswire.com/news/home/20240606714113/en/