Vault AI, a Santa Monica, California-based emerging market research firm blending artificial intelligence with more traditional methodology, raised an $8 million Series A funding round.
The round was co-led by Israel-based PICO Venture Partners and Hearst Ventures, other participants included former Sony Pictures Entertainment Vice Chairman Yair Landau as well as existing Vault investors TV Azteca and Sky/ProSieben-backed Remagine Ventures.
The company plans to use the new funds to add sales and product staff, enhance technology in order to expand beyond entertainment, and consolidate operations in Latin America and Europe.
Company: Osiris Technologies Limited.
Raised: $8.0M
Round: Series A
Funding Month: December 2021
Lead Investors: PICO Venture Partners and Hearst Ventures
Additional Investors: Yair Landau, Vault investors TV Azteca and Sky/ProSieben-backed Remagine Ventures
Company Website: https://www.vault-ai.com/
Software Category: RealAudience™ Platform
About the Company: Vault AI is a machine-learning audience-prediction company that analyzes stories to deliver actionable business insights for marketing and development executives at major Hollywood studios, global TV networks, distributors, OTT platforms, production companies, and agencies. Developed in partnership with global media companies and artificial intelligence experts, our RealAudience™ Platform is designed to optimize every aspect of the content lifecycle. The company has 30 workers based in Tel Aviv and LA.
Source: https://deadline.com/2021/12/market-research-firm-vault-ai-closes-8m-series-a-round-hearst-ventures-pico-venture-partners-1234886495/