Thoras.ai, a Reston, VA-based company that provides AI-driven scaling and anomaly detection for cloud workloads, has closed a $1.5 million pre-seed funding round.
Investors
The investment round was co-led by Storytime Capital and Focal VC, with participation from Hustle Fund, Precursor Ventures, the Pitch Fund, and strategic angel investors.
Storytime Capital is a venture capital firm focused on early-stage (pre-seed & seed) investments focusing on technology solving the Future of Work. Founded in 2022, and is based in Toronto, Ontario.
Founded in 2013, Focal is a venture capital investment firm based in San Francisco, California. The firm leads pre-seed rounds in software startups across North America.
Thoras.ai Use of Funds
The infusion of capital will fuel the rapid development of Thoras.ai's platform, aimed at optimizing and fortifying enterprise cloud computing.
About Thoras.ai
Founded by Nilo Rahmani and Jen Rahmani, Thoras.ai is dedicated to enhancing cloud service reliability and efficiency through predictive algorithms, facilitating continuous optimization at scale. It provides AI-driven scaling and anomaly detection for cloud workloads. Through autonomous scaling in anticipation of demand and proactive monitoring/alerting, Thoras.ai intelligently minimizes unpredictability and increases reliability for cloud enterprise customers. By harnessing the power of machine learning, Thoras.ai autonomously forecasts the needs of cloud workloads, offering users actionable recommendations to optimize services and mitigate system failures.
Funding Details
Company: Thoras.ai
Raised: $1.5M
Round: Pre-Seed Round
Funding Month: March 2024
Lead Investors: Storytime Capital, Focal VC
Additional Investors: Hustle Fund, Precursor Ventures, the Pitch Fund
Company Website: https://thoras.ai/
Software Category: Cloud Management
Source: https://www.businesswire.com/news/home/20240326510146/en/