Valo.ai, a San Francisco, CA-based software development startup that provides AI-driven salesforce platform, has secured a funding round.
Investors
The funding round was led by Inventure, with participation from Spintop Ventures from Stockholm, and cybersecurity experts Mikko Hypponen and Henri Lindberf also participated in the financing.
Founded in 2005, Inventure is a venture capital firm based in Helsinki, Finland. The firm invests in early-stage startups operating in multiple sectors ranging from deep tech to consumer internet brands. Inventure has offices in Helsinki and Stockholm that focus on investments across the Nordics and Baltics.
Valo.ai Use of Funds
The company will use the funding for its AI-driven salesforce platform.
About Valo.ai
Founded in 2023 by, Jari Salomaa, Mika Ståhlberg, and Hannu Varjoranta, Valo.ai developing an AI-native tool for Salesforce that uses automation in SaaS services to identify and remedy misconfigurations at their root. Valo.ai aims to help CIOs, IT teams, and business owners optimize their business needs while maintaining security and monitoring connected applications.
Funding Details
Company: Valo.ai, Inc.
Raised: Undisclosed
Round: Seed Round
Funding Month: July 2024
Lead Investors: Inventure
Additional Investors: Spintop Ventures,Mikko Hypponen, Henri Lindberf
Company Website: https://www.valo.ai/
Software Category: AI Salesforce Administration Solution
Source: https://ain.capital/2024/07/24/inventure-invests-in-valo-ai-to-solve-saas-chaos-in-enterprises/