theGist Raises $7 Million in pre-Seed Round  

by Kay Aloha Villamor in November 16th, 2022

theGist, a Tel Aviv and New York-based global productivity AI company, announced that it raised $7 million in a pre-seed funding round co-led by StageOne Ventures and Aleph.

It also launched its first tool, theGist for Slack, which uses generative AI to simplify information consumption in workplace communications and data—making sense of the madness with instant summarized highlights.

Using generative AI technology, theGist’s first solution, theGist for Slack, creates alignment by scanning through hundreds of posts to instantly provide personalized summaries of valuable insights and highlights. 

Company: theGist, Inc.

Raised: $7.0M

Round: pre-Seed Round

Funding Month: November 2022

Lead Investors: StageOne Ventures and Aleph

Additional Investors: 

Company Website: https://www.thegist.ai/

Software Category: AI-Summarize Slack Thread and Channels 

About the Company: theGist was founded in 2022 by Itay Dressler, Itzik Ben-Bassat, and Nir Zohar, with the mission to help businesses and their employees quickly create and/or extract the valuable information needed to work smarter and collaborate more efficiently—without compromising or eliminating employees’ communication. theGist is developing smart AI and machine learning tools to enhance the employee experience by focusing on simplifying the content of internal data and communications. The startup’s first product uses AI to scan Slack messages and provide a personalized summary, aiming to filter out noise. The company has offices in Tel Aviv and New York and currently employs 10 people.

Source: https://www.startuphub.ai/thegist-secures-7-million-in-funding-to-solve-workplace-information-overload-using-generative-ai/ https://www.calcalist.co.il/ctechnews/article/hksaghzuj




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